Ahmed & Qazi is pleased to announce that, as lenders’ counsel, it is leading a PKR 1.9 billion+ debt restructuring of a prominent hashtag#energy company.⚡
This deal involves the hashtag#restructuring 🔄💵 of debt spread across multiple financing arrangements, with a diverse range of facility types. The debt itself has a long history spanning over a decade and is further complicated by a series of legacy litigations that have accumulated over time. ⚖️
The scope of this transaction includes a comprehensive hashtag#reorganization of the existing debt portfolio, followed by the long-term restructuring of the repayment terms to provide a hashtag#sustainable financial path forward. In addition, the deal entails the hashtag#reshuffling of collateral security at both the borrower and sponsor levels to ensure optimal alignment with the restructured obligations. 🔄💵
This transaction adds to Ahmed & Qazi’s growing portfolio of successful debt restructurings to provide financial space and breathing room for distressed entities within the energy sector. 💹
A&Q’s Banking & Finance team, led by Nazif Ahmed (Head – Corporate), is at the forefront of this matter. Meanwhile, the Litigation aspects of the restructuring are being led by Mahmood Ali Arain (Head – Litigation), who is assisted by a team of associates at the firm.
