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  • Monday, 23 January 2017 11:13

Mahan Co. Sukuk Profile

Originator: Mahan Co.
Issue Date: May 29, 2016
Type of asset: 2 airplanes
Issue Size: 2,100,000 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: 21% annually
Issuer (SPV): Bahman 2 SPV corporation (Central Asset Management Company)
Sale agent: Shahr brokerage
Guarantor: Bank Shahr
Agent of payment: Central Securities Depository of IRAN (CSDI)