Chambers Review
Provided by Chambers
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.
Strengths
We have found Akhund Forbes to be excellent advisors on tricky legal matters. It is a very strong team with a nice depth of talented individuals. It is one of the most responsive firms.
They made a concise, clear plan that everyone agreed to, which is not an easy task. There were a lot of grey areas and they navigated them well. They are very responsive and trustworthy.
Work Highlights
Akhund Forbes advised China Power Hub Generation on a PKR multi billion commercial paper issuance which will be in addition to its other short term financing needs.
Akhund Forbes advised China Power Hub Generation on its multi hundred million loan facilities’ Libor to SOFR transition amendments with international lenders.
Notable practitioners
He is thorough and very good at understanding the issues and helping us in drafting critical responses to issues faced by our organisation.
Rabel Akhund consistently demonstrates a high level of client service, legal sophistication and commercial awareness.