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  • Wednesday, 25 December 2019 14:24

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)
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