Glucosan Co. Sukuk Profile
Originator: | Glucosan Co. |
Issue Date: | March 15, 2014 |
Type of asset: | Dried corn |
Issue Size: | 200,000 Million IRR |
Exchange: | Iran Fara Bourse |
Structure: | Murabaha |
Tenor: | 2 years |
Payment Periods: | Every three months from start date |
Face value of each paper: | 1,000,000 IRR |
Sukuk rate: | 20 percent annually |
Issuer (SPV): | Khordad 1 SPV corporation (Central Asset Management Company) |
Sale agent: | Novin Investment Bank brokerage |
Guarantor: | Novin Investment Bank corporation |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |