Iran Khodro Automaker Co. Sukuk Profile
Originator: | Iran Khodro Automaker Co. |
Issue Date: | April 3, 2021 |
Type of asset: | Materials and parts required for car production |
Issue Size: | 10,000,000 Million IRR |
Exchange: | Tehran Stock Exchange |
Structure: | Murabaha |
Tenor: | 4 years |
Payment Periods: | Every three months from start date |
Face value of each paper: | 1,000,000 IRR |
Sukuk rate: | 18% annually |
Issuer (SPV): | Shahrivar I Co. |
Sale agent: | Export Development Bank of Iran Brokerage Co. |
Guarantor: | Sepah Bank |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |