SAIPA Automaker Company Sukuk Profile
Originator: | SAIPA Automaker Company |
Issue Date: | March 11, 2019 |
Type of asset: | Automobile parts and assemblies |
Issue Size: | 7,000,000 Million IRR |
Exchange: | TSE |
Structure: | Murabaha |
Tenor: | 4 years |
Payment Periods: | Every three months from start date |
Face value of each paper: | 1,000,000 IRR |
Sukuk rate: | 16% annually |
Issuer (SPV): | Dey IV |
Sale agent: | Bank Melli Iran Brokerage Co. |
Guarantor: | Sepah Bank and Bank Melli Iran |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |