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  • Wednesday, 16 March 2022 09:29

Arghavan Gostar Ilam Petrochemical Co Sukuk Profile

Originator: Arghavan Gostar Ilam Petrochemical Co
Issue Date: March 12, 2022
Type of asset: Electrical and mechanical equipment and facilities
Issue Size: 1,800,000 Million IRR
Exchange: Tehran Stock and Exchange
Structure: Ijarah
Tenor: 5 years
Payment Periods: Every six months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 18% annually
Issuer (SPV): Shahrivar V Co.
Sale agent: Tejarat Bank Brokerage Co.
Guarantor: Tejarat Bank
Agent of payment: Central Securities Depository of IRAN (CSDI)