Persian Gulf Sadaf Petrochemical Co. Sukuk Profile
Originator: | Persian Gulf Sadaf Petrochemical Co. |
Issue Date: | November 11, 2020 |
Type of asset: | machinery and equipment |
Issue Size: | 3,000,000 Million IRR |
Exchange: | Tehran Stock Exchange |
Structure: | Murabaha |
Tenor: | 5 years |
Payment Periods: | Every three months from start date |
Face value of each paper: | 1,000,000 IRR |
Sukuk rate: | 18% annually |
Issuer (SPV): | Mordad IV Co. |
Sale agent: | Tejarat Bank Brokerage Co. |
Guarantor: | Tejarat Bank |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |