Practices

Mandviwalla & Zafar regularly advise local and foreign banks on secured and unsecured financial transactions, including local and cross border syndications, multi-currency facilities and financial products and bond issues.

Banking & Finance

M&Z has a very active banking and finance practice and is considered to be an industry leader where financial transactions are concerned, whether it be project finance, structured finance or the more specialized field of Islamic Finance. Our partner Ms. Sheeza Ahmed is the preferred choice of lenders for financial transactions. The firm is recognized for its expertise in not only structuring and drafting but also in having a solution-oriented approach that ensures quick closure of time sensitive transactions.

M&Z regularly acts as the transaction counsel for banks and financial institutions extending local currency financing to corporates in Pakistan. We represent the banks on bilateral as well as syndicate transactions. The firm has vast knowledge and experience in dealing with intricate security issues as well as intercreditor issues that arise in multi lenders deals.

Transactional Experience

We are listing hereinbelow only the most recent of our local currency transactions.

International Complex Projects Limited - PKR 1,200,000,000 Syndicated Term Finance (Project Finance)

International Complex Projects availed a syndicated term finance facility from a syndicate of banks and financial institutions, for financing the capital expenditure requirements for completion of Dolmen Mall. M&Z acted as the transaction counsel for the lenders.

ASG Metals Limited - PKR 1,362,000,000 Syndicated Term Finance Facility and Letter of Credit Facility (Project Finance)

ASG Metals availed a syndicated term finance facility and a letter of credit facility from a syndicate of banks to finance the establishment of a compact steel making plant. M&Z acted as the counsel for the lenders.

Byco Petroleum Pakistan Limited - PKR 15,300,000,000 Letter of Credit Facility

Byco Petroleum Pakistan Limited has availed a letter of credit facility from a syndicate of banks and financial institution for the import of crude oil. M&Z acted as the counsel for the lenders Ibrahim Fibres Limited - PKR 12,900,000,000 Syndicated Finance Facility Ibrahim Fibres Limited availed a syndicated term finance facility for an amount of PKR 12,900,000,000 from a syndicate of banks and financial institutions. M&Z acted as the counsel for the lenders.