The government of Pakistan will accept partial cash payment for a majority stake in PIA – Pakistan International Airlines (PK, Islamabad International) and allow debt-funded investments, according to an Express Tribune report.

Citing sources close to matters, the newspaper says draft agreements state that the buyer will have the option of paying around one-third of the purchase price in cash, with the remainder being settled against PIA or government payables. In addition, the buyer may pause dividend payments for up to five years….

Source: ch aviation
Read more: Islamabad proposes buyer-friendly terms for PIA sale