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  • Wednesday, 25 December 2019 15:26

Kish Investment and Development Co. Sukuk Profile

Originator: Kish Investment and Development Co.
Issue Date: November 11, 2019
Type of asset: estate
Issue Size: 3,000,000
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: 18% annually
Issuer (SPV): Dey III
Sale agent: Maskan Bank Brokerage Co.
Guarantor: Maskan Bank
Agent of payment: Central Securities Depository of IRAN (CSDI)
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