Ahmed & Qazi has been engaged by the lender(s) for a series of non-funded chemical hashtag#project finances of PKR ~1 billion, comprising multiple PKR-denominated project SBLC facilities. 💹
🏭 Each SBLC will be issued in favour of the senior project financiers’ agent for the purpose of backstopping multiple sponsor obligations from time to time in relation to a greenfield hashtag#chemical project. 💰 This includes the sponsors’ obligation to inject base project hashtag#equity into the project company.
Ahmed & Qazi is providing the full scope of lender-side advisory for this deal.
A&Q team is led by Nazif Ahmed (Head – Corporate) and Altan Ahmed (Managing Associate), who are assisted by a team of associates at the firm.
