Banking & Finance

Banking & Finance

Mandviwalla & Zafar runs one of Pakistan's most active banking and finance practices and is widely regarded as a market leader in financial transactions — from project and structured finance to the specialised field of Islamic finance. We advise local and foreign banks across the full spectrum of secured and unsecured financing: bilateral and syndicated facilities, local and cross-border syndications, multi-currency lines, structured products and bond issues.

Lenders return to us because we pair technical precision with a solution-oriented approach that closes time-sensitive deals without delay.

We act regularly as transaction counsel to banks and financial institutions financing Pakistani corporates, on both bilateral and syndicated transactions, and we are known for working through the intricate security and inter-creditor issues that multi-lender deals throw up. Our partner Ms. Sheeza Ahmed is a lender’s first choice for transactions of this kind.

Transactional Experience

  • International Complex Projects Limited — PKR 1.2 billion syndicated project finance for the completion of Dolmen Mall; counsel to the lenders.
  • ASG Metals Limited — PKR 1.362 billion syndicated term-finance and letter-of-credit facility for a steel-making plant; counsel to the lenders.
  • Byco Petroleum Pakistan Limited — PKR 15.3 billion syndicated letter-of-credit facility for crude-oil imports; counsel to the lenders.
  • Ibrahim Fibres Limited — PKR 12.9 billion syndicated finance facility; counsel to the lenders.
  • Allied Bank / ABL Asset Management — banking and asset-management matters.
  • Escorts Investment Bank — banking and finance matters.