MTC Engaged For PNSC Financing

The Firm had been engaged as transaction legal counsel for financing based on the Islamic mode of Diminishing Musharaka being availed by Pakistan National Shipping Corporation from a variety of banks / financial institutions led by Faysal Bank Limited, in the aggregate amount of the PKR equivalent of USD 55,000,000/- (United States Fifty Five Million).

The Firm’s scope of work included full scope lender side advisory. MTC’s team included Vaseeq Khalid, Partner, Laraib Saba Turk, Senior Associate, Kamil Tayebaly, Associate, and Naqiyya Hakim, Associate.