Saba Naft Engineering and Construction Co. Sukuk Profile
Originator: | Saba Naft Engineering and Construction Co. |
Issue Date: | May 16, 2018 |
Type of asset: | a piece of land and building |
Issue Size: | 920,000 Million IRR |
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: | 15% annually |
Issuer (SPV): | Farvardin II Co. |
Sale agent: | . |
Guarantor: | . |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |