MTC Engaged For PKR 2.25 Billion Sukuk Issue Of Aspin Pharma (Private) Limited

Mohsin Tayebaly & Co. was engaged as transaction legal counsel with respect to the second issuance of rated, privately placed, unsecured, short-term, Shariah Compliant Sukuk Certificates by Aspin Pharma (Private) Limited in the aggregate amount of PKR 2,250,000,000/- (Pak Rupees Two Billion Two Hundred Fifty Million), for which purpose The Bank of Punjab was appointed as the Investment Agent and the Issue Agent, Meezan Bank Limited acted as the Shariah Advisor and The Bank of Punjab was the Mandated Lead Advisor & Arranger.

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 Arsalan Abid Bachani (Associate) and Maham Majeed (Associate).