South Kaveh Steel Co. Sukuk Profile
Originator: | South Kaveh Steel Co. |
Issue Date: | September 24, 2014 |
Type of asset: | Electric arc and cauldron furnace, Industrial cranes, Dusting system |
Issue Size: | 500,000 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): | Aban 1 SPV corporation (Central Asset Management Company) |
Sale agent: | Parsian brokerage |
Guarantor: | Export Development Bank of Iran |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |