PKR 3.5 Billion Islamic Facility Availed By Jazz From AKBL

Mohsin Tayebaly & Co. acted as transaction legal counsel with respect to the Islamic finance facility in the amount of up to PKR 3,500,000,000/- (Pak Rupees Three Billion Five Hundred Million) being availed by Pakistan Mobile Communications Limited (Jazz) from Askari Bank Limited for the purposes of financing Jazz’s funding requirements, including but not limited to capital expenditure, license related payments, operating expenses and general corporate payments.

The Firm’s scope of work included full scope bank side advisory.

MTC’s team in this matter included Vaseeq Khalid (Partner), Kamil Tayebaly (Senior Associate) and Zayynah Rushna Fasil (Associate).