Alborzniroo Fleet and Equipment Co. Sukuk Profile
Originator: | Alborzniroo Fleet and Equipment Co. |
Issue Date: | August 5, 2018 |
Type of asset: | locomotive machines |
Issue Size: | 1,050,000 Million IRR |
Exchange: | Iran Fara Bourse |
Structure: | Ijarah |
Tenor: | 5 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 I Co. |
Sale agent: | Maskan Bank Brokerage Co. |
Guarantor: | The Railways of the Islamic Republic of Iran |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |