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  • Tuesday, 29 December 2020 08:40

Persian Gulf Petrochemical Industries Co. Sukuk Profile

Originator: Persian Gulf Petrochemical Industries Co.
Issue Date: October 4, 2020
Type of asset: stocks
Issue Size: 20,000,000 Million IRR
Exchange: Tehran Stock Exchange
Structure: Ijarah
Tenor: 4 years
Payment Periods: Every three months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 18% annually
Issuer (SPV): Ordibehesht V Co.
Sale agent: Khobregan Saham Brokerage Co.
Guarantor: stocks
Agent of payment: Central Securities Depository of IRAN (CSDI)