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  • Monday, 23 January 2017 11:04

NIMIDCO Sukuk Profile

Originator: NIMIDCO
Issue Date: November 23, 2015
Type of asset: Industrial buildings
Issue Size: 1,629,314,000,000 IRR
Exchange: Tehran Stock Exchange
Structure: Istisna
Tenor: 3 years
Payment Periods: Every three months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 23% annually
Issuer (SPV): Shahrivar 2 SPV corporation (Central Asset Management Company)
Sale agent: Novin investment bank brokerage
Guarantor: National Development Investment Co.
Agent of payment: Central Securities Depository of IRAN (CSDI)
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