Ahmed & Qazi is pleased to announce that, as lenders’ counsel, it is leading a PKR ~2 billion debt hashtag#restructuring of a specialized manufacturer of hashtag#connectivity and electrical transmission solutions. 🪫
The restructuring addresses a complex and diverse portfolio of debt facilities, spread across hashtag#trade 🚢, hashtag#export refinance, and term facilities. The restructured liability also includes penal sums imposed by regulatory authorities, further increasing the complexity of the matter.
With the debt being hashtag#multicurrency — denominated in both PKR and USD — the deal involves intricate cross-currency repayments, adding another significant layer of sophistication to the restructuring process.
This strategic restructuring allows the borrower to resolve significant outstanding liabilities, while securing a clear and actionable repayment plan, ensuring future stability and hashtag#growth prospects for the business. 💹
A&Q team for this matter is led by Nazif Ahmed (Head – Corporate) and Altan Ahmed (Managing Associate).
