Kerman Motor Sukuk Profile
Originator: | Kerman Motor |
Issue Date: | December 6, 2021 |
Type of asset: | materials and equipments for car production |
Issue Size: | 10,000,000 Million IRR |
Exchange: | Iran Fara Bourse |
Structure: | Murabaha |
Tenor: | 3 years |
Payment Periods: | Every six months from start date |
Face value of each paper: | 1,000,000 IRR |
Sukuk rate: | 18% annually |
Issuer (SPV): | Shahrivar III Co. |
Sale agent: | Karamad Brokerage Co. |
Guarantor: | Tejarat Bank |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |