M2 Motorway used as Asset for Ijara Structure

Pakistan’s third international sukuk for $1 billion dollars used the M2 Motorway connecting Lahore to Rawalpindi as the underlying asset in a Ijara structure.

Pakistan Third Sukuk Structure

The assets purchased by the Trustee on the Issue Date were certain parts of land comprising the M-2 Motorway, together with all constructions, superstructures, flyovers and interchanges.

Full Details of Pakistan Sukuk in Sukuk.com Database

Full details of the sukuk including prospectus, structure and final offering summary can be found in the Sukuk.com Sukuk database.