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  • Tuesday, 29 December 2020 08:51

Persian Gulf Sadaf Petrochemical Co. Sukuk Profile

Originator: Persian Gulf Sadaf Petrochemical Co.
Issue Date: November 11, 2020
Type of asset: machinery and equipment
Issue Size: 3,000,000 Million IRR
Exchange: Tehran Stock Exchange
Structure: Murabaha
Tenor: 5 years
Payment Periods: Every three months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 18% annually
Issuer (SPV): Mordad IV Co.
Sale agent: Tejarat Bank Brokerage Co.
Guarantor: Tejarat Bank
Agent of payment: Central Securities Depository of IRAN (CSDI)
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