HSBC is accepted as an active investment banking player in Pakistan.
HSBC has a long and successful track record in project and export finance (PEF) transactions globally, across a broad range of industries.
HSBC’s Investment Banking set-up in Pakistan focuses on transaction origination in the area of Project and Export Finance, Debt Capital Markets and Syndicated Loans, and in a limited manner, cross-border M&A advisory. Most transactions are executed using in house capability of the local team along with the product specialist out of group offices based in Hong Kong, UAE, UK.
Overall the track record has been impressive even though it has only recently been established. Our core competency lies in cross-border transactions, where HSBC’s wide geographical network and Global Investment Banking teams offer support, and specialist sector and product knowledge, ensuring efficient execution.
We rely on our local franchise strength and high level contacts with corporates, regulators and GoP, to originate transactions. Local balance sheet is used as and when required, but also forming partnerships with local banks on a case to case basis for execution of local syndicated financing. Notable transactions include sovereign bond issue of USD750 million, acquisition of 30per cent equity stake in a cellular operator, and advisory/structuring assignment for IPPs.
PEF is responsible for:
Multi-sourced medium- and long-term export credits backed by official Export Credit Agencies (ECAs)
Project Finance and Project Advisory Services
DCM business is responsible for:
Stand alone or syndicated International or local debt placements
Advisory business is responsible for:
Origination and execution of
Mergers and acquisitions (M&A) assignments
Financial restructurings and associated financing solutions
Multi-sourced ECA-backed transaction to finance debt requirement for a public sector power station for an amount of USD260 million
Acted as structuring Bank for a 225MW combined cycle power plant with a total project cost of c. USD200 million
Sole financial advisor to a sovereign investment fund for a 500MW combined cycle power plant with a total project cost of c. USD450mn
Sole financial advisor to a telecom company in the acquisition of 30per cent share in a local telecom company, in the largest cross-border M&A transaction in the region for the year 2007
Mustafa Sajjad Hussain
Head of Investment Banking, Pakistan
PABX: +92-21-111-11-HSBC (Ext: 3091)