Principal agreement on joopar passenger & freight trains Co. Ijarah Sukuk offering.

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  • Saturday, 11 June 2016 07:31

Passenger Train Corporation of Joopar (Private Joint Stock) from the Securities and Exchange Organization has obtained its principal agreement for offering Ijara Sukuk (ijarih Sukuk)  by financial SPV of Khordad. These 5-year securities have the lease rate of 16% and will be offered through the OTC with the amount of 415250 million Rials. The features of these securities have been detailed in the Sukuk section.