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  • Wednesday, 23 June 2021 09:38

Taban Farda Petrochemical Group Sukuk Profile

Originator: Taban Farda Petrochemical Group
Issue Date: February 21, 2021
Type of asset: stocks
Issue Size: 30,000,000 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: 18% annually
Issuer (SPV): Tir IV Co.
Sale agent: Khobregan Saham Brokerage Co.
Guarantor: stocks
Agent of payment: Central Securities Depository of IRAN (CSDI)