Amreli Steels Completes PKR 22.6 Billion Debt Restructuring with Dada Partners as Exclusive Financial Advisor

Dada Partners (Private) Limited served as the exclusive financial advisor to Amreli Steels Limited in one of the largest and most complex financial restructurings in recent history. The Master Restructuring Agreement (MRA) for Amreli Steels Limited was successfully executed on October 14, 2025, covering PKR 22.6 billion of debt with participation from 21 of the company’s 23 lenders, representing over 90% of total exposure.

The restructuring encompassed a total facility amount of PKR 27.9 billion extended by 23 lenders, including 12 conventional banks (three of which are government institutions), six Islamic banks, five development finance institutions, and one syndication involving seven lenders. The process included ten long-term lenders and 19 short-term lenders, each with individual collateral and security structures.

As one of Pakistan’s leading steel manufacturers, Amreli Steels is now well-positioned for sustainable growth, supported by renewed lender confidence and a stable economic environment.

Shazad Dada, Founder and Managing Director of Dada Partners, said, “We take pride in our key advisory role and remain committed to guiding clients through complex financial transformations. Given the complexity, we are pleased that a balanced outcome was achieved for all stakeholders. This reinforces the strength of strategic partnerships and underscores our dedication to delivering innovative financial solutions. We thank the Board and senior management of Amreli Steels, financial institutions, and legal counsels Mohsin Tayebaly & Co. and Ali Khan Law Associates for their invaluable collaboration. Special appreciation is extended to the State Bank of Pakistan for its support in this pivotal restructuring.”

This successful restructuring highlights the growing sophistication of corporate finance in Pakistan and demonstrates the critical role of strategic advisory in navigating large-scale debt reorganizations.