Banking & Finance - Pakistan
What the team is known for
Akhund Forbes is a Karachi-based firm regularly advising clients on syndicated loans and project financings, among other matters. The firm is also known for handling capital markets mandates, including equity offerings and advice on securities regulations. The team has notable activity advising foreign investors on the financing of major infrastructure and utilities projects. The team additionally offers expertise regarding payment systems in the e-commerce sector. Clients include high-profile domestic and international lenders, as well as borrowers, including Credit Suisse, Al Meezan Investments and Faysal Funds.
Strengths
"Akhund Forbes' ability to handle legal matters is very strong due to expertise in the subject matter. They are well versed in all developments in the regulatory framework."
"They fully understand the client's commercial arrangement and can provide constructive and practical solutions."
Work highlights
Akhund Forbes advised Asian Development Bank on amending and restating a loan facility provided to Kashf Foundation.
The firm also represented Arif Habib as manager in the PKR17 billion IPO of Dalda Foods.
Notable practitioners
Rabel Akhund maintains a wide-ranging finance practice, handling capital markets and Islamic finance transactions, in addition to fund management matters. "Rabel is clearly an expert in what he does across financing, private debt and capital markets. He is able to handle complex and nuanced situations." "Rabel is very thorough and has very strong knowledge of the market."
