Pars Petroleum Sukuk Profile
Originator: | Pars Petroleum |
Issue Date: | April 27, 2013 |
Type of asset: | Machineries and equipments for the production of the company |
Issue Size: | 1,040,000 Million IRR |
Exchange: | Iran Fara Bourse |
Structure: | Ijarah |
Tenor: | 4 years |
Payment Periods: | Every three months from start date |
Face value of each paper: | 1,000,000 IRR |
Sukuk rate: | 20 percent annually |
Issuer (SPV): | Azar SPV corporation (Central Asset Management Company) |
Sale agent: | Amin Avid brokerage |
Guarantor: | Rifah and Sarmayeh Banks |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |