TIER LI Sukuk Issue Of Faysal Bank Limited In The Amount Of Up To PKR 7 Billion

Mohsin Tayebaly & Co. acted as transaction legal counsel with respect to the issuance of rated, privately placed, unsecured, long term tier II, Shariah Complaint Sukuk Certificates by Faysal Bank Limited in the aggregate amount of PKR 7,000,000,000/- (Pak Rupees Seven Billion), for which purpose Pak Oman Investment Company Limited was appointed as the Investment Agent, the Shariah board of Faysal Bank Limited acted as the Shariah Board, and Arif Habib Limited was the 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 Kamil Tayebaly (Senior Associate) and Yawar Burki (Associate).