Iran Khodro Automaker Co. Sukuk Profile
Originator: | Iran Khodro Automaker Co. |
Issue Date: | February 24, 2018 |
Type of asset: | parts and assemblies for automotive production |
Issue Size: | 7,000,000 Million IRR |
Exchange: | . |
Structure: | Murabaha |
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): | Azar III Co. |
Sale agent: | . |
Guarantor: | . |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |