Iran Khodro Automaker Co. Sukuk Profile
Originator: | Iran Khodro Automaker Co. |
Issue Date: | January 22, 2022 |
Type of asset: | Car parts |
Issue Size: | 5,000,000 Million IRR |
Exchange: | Tehran Stock and 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): | Aban Co. |
Sale agent: | Export Development Bank of Iran Brokerage Co. |
Guarantor: | Tejarat Bank |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |