Incorporating and launching one of the first housing finance companies in Pakistan
for a group of leading domestic and international financial institutions, including its
Acting for the International Finance Corporation in connection with a US$ 50 million
subordinated loan facility to Engro Chemical Pakistan including a conversion option.
Acting for the International Finance Corporation, Habib Bank Limited, and MCB
Bank Limited on the proposed debt financing of and for the International Finance
Corporation in connection with its proposed equity investment in a 50 MW Wind
Farm by Tenaga Generasi Limited, a subsidiary of Dawood Lawrencepur Limited.
Acting for the National Bank of Pakistan in connection with the US$ 75 million
Commercial Paper Programme.
Advising the Islamic Trading Company EC on Morabaha agreements for commodity
transactions in Pakistan.
Acting for a consortium of local banks, including Habib Bank Limited and National
Bank of Pakistan, in connection with their PKR 21.5 billion syndicated term finance
facility, standby letter of credit facility, PKR 5.5 billion Islamic finance facility and
US$ 150 million completion guarantee stand by letter of credit facility to the Hub
Power Company Limited for the financing of its sponsor support obligations for
various mine and power projects.
Advising Citibank Pakistan and Goldman Sachs Asia Bank Limited in connection
with over-the-counter derivative transactions including opining on the ISDA Master
Acting for Société De Promotion Et De Participation Pour La Coopération
Économique S.A. (Proparco) in connection with a US$ 5 million loan to Kashf
Foundation for its general lending activities.
Acting for the International Finance Corporation in connection with a Euro 75 million
loan availed by Coca-Cola Beverages Pakistan Limited to finance its capital
expenditure investment programme, working capital needs, outstanding loans, and
other general corporate purposes.