Mahmood Textile Mills Limited STS 5, 6 And 7 Amounting To PKR 10 Billion

Mohsin Tayebaly & Co. continues to act as transaction legal counsel with respect to the series of rated, privately placed, secured, short-term, Shariah Complaint Sukuk Certificates issued by Mahmood Textile Mills Limited and has recently advised on 3 (three) separate Sukuk Issues in the aggregate amount of PKR 10,000,000,000/- (Pak Rupees Ten Billion), for which purpose for which purpose Pak Oman Investment Company Limited was appointed as the Musharaka Agent and the Investment Agent, Al-Hilal Shariah Advisors (Private) Limited acted as the Shariah Advisor and Askari Bank Limited was the Mandated Lead Advisor & Arranger.

• STS 5 closed in April 2026 for an aggregate amount of PKR 3 Billion
• STS 6 closed in June 2026 for an aggregate amount of PKR 3 Billion
• STS 7 closed in August 2026 for an aggregate amount of PKR 4 Billion

The Firm’s scope of work included full scope investor side advisory.
MTC’s team in this matter was led by Vaseeq Khalid (Partner) and included Kamil Tayebaly (Senior Associate), Yawar Burki (Associate) and Aleena Shahid (Associate).