Perspolis Tile Co. Sukuk Profile
Originator: | Perspolis Tile Co. |
Issue Date: | August 20, 2014 |
Type of asset: | 2 Stone Crusher Machines, 2 Ball Mill Machines, 7 Press Units, 7 Packaging Machines |
Issue Size: | 300,000 Million IRR |
Exchange: | Iran Fara Bourse |
Structure: | Ijarah |
Tenor: | 4 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): | Azar 1 SPV corporation (Central Asset Management Company) |
Sale agent: | Novin investment bank brokerage |
Guarantor: | Kosar Financial and Credit Institute |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |