
January 31, 2022
MTC Acts As Transaction Legal Counsel For PIA Restructuring

The Firm has been engaged as transaction legal counsel in respect of the restructuring of a finance facility in the amount of USD 120,000,000/- (United States Dollars One Hundred Twenty Million) being availed by Pakistan International Airlines Corporation Limited from National Bank of Pakistan (Bahrain) and Habib Bank Limited.
The Firm’s scope of work included full scope lender side advisory. MTC’s team included Vaseeq Khalid, Kamil Tayebaly and Naqiyya Hakimuddin.