Kish Investment and Development Co. Sukuk Profile
Originator: | Kish Investment and Development Co. |
Issue Date: | May 31, 2021 |
Type of asset: | 123 sales contracts |
Issue Size: | 1,000,000 Million IRR |
Exchange: | Iran Fara Bourse |
Structure: | ABS |
Tenor: | 2.8 years |
Payment Periods: | Every three months from start date |
Face value of each paper: | 1,000,000 IRR |
Sukuk rate: | 18% annually |
Issuer (SPV): | Qordad III Co. |
Sale agent: | Mellat Bank Brokerage Co. |
Guarantor: | Mellat Bank |
Agent of payment: | Central Securities Depository of IRAN (CSDI) |