Originator: | Iran Khodro Automaker Co. |
Issue Date: | June 22, 2019 |
Type of asset: | Installments of sale contracts |
Issue Size: | 3,087,205 Million IRR |
Exchange: | TSE |
Structure: | Mortgage |
Tenor: | 2 years |
Payment Periods: | Every three months from start date |
Face value of each paper: | 1,000,000 IRR |
Sukuk rate: | 16% annually |
Issuer (SPV): | Mehr I |
Sale agent: | Novin Investment Bank Brokerage Co. |
Guarantor: | Sepah Bank |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |