PAKISTAN
Amreli Steels Limited (ASL) has announced the successful signing and execution of a Master Restructuring Agreement (MRA) along with all allied documents and agreements, marking a major step in its financial and operational realignment.
According to a company statement submitted to the Pakistan Stock Exchange (PSX) the agreement was executed with Bank Alfalah Limited acting as the Lead Bank and Pak Brunei Investment Company Limited serving as the Agent and Security Agent.
The completion of this transaction represents a significant milestone for Amreli Steels, reflecting a strong collaborative effort between the company and its financial partners, the company says.
The restructuring is expected to deliver several key benefits, including improved liquidity and cash flow, sustainable operations, higher capacity utilization, and reduced financial and operational costs.
Amreli Steels expressed its gratitude to all stakeholders — including participating financial institutions and advisors — for their cooperation and commitment throughout the restructuring process.
The company reaffirmed its commitment to strengthening the legacy of the Amreli brand as Pakistan’s leading steel manufacturer and a trusted partner in national construction and infrastructure development.
ER News Desk
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