MTC Advises BAFL On Landmark Green Financing Initiative With BII

Mohsin Tayebaly & Co. is acting as borrower’s legal counsel to Bank Alfalah Limited, acting through its Bahrain branch office, Bank Alfalah Bahrain, Wholesale Unit, Kingdom of Bahrain, licensed by the Central Bank of Bahrain and registered with the Ministry of Industry and Commerce in Bahrain (the “Borrower”) with respect to the senior, unsecured USD (United States Dollars) denominated term loan facility in the aggregate amount of up to USD 50,000,000/- (United States Dollars Fifty Million) being availed by the Borrower from British International Investment plc for the purposes of financing the growth of the borrower’s loan portfolio of: (i) eligible climate mitigation sub-borrowers; (ii) eligible adaptation and resilience sub-borrowers; and (iii) eligible agribusiness sub-borrowers.

The transaction forms part of a broader sustainable and climate-focused financing initiative aimed at supporting green financing, climate resilience and sustainable agribusiness development.

The firm’s scope of work includes full scope borrower side advisory.

MTC’s team in this matter is being led by Vaseeq Khalid (Partner) and includes Kamil Tayebaly (Senior Associate), Zain Ansari (Associate) and Aleena Shahid (Associate).