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  • Monday, 23 January 2017 10:20

Chadormalu Co. Sukuk Profile

Originator: Chadormalu Co.
Issue Date: October 1, 2013
Type of asset: Crashers, Main power equipments, Emergency power generators, Stacker & Reclaimer machinery, Machineries for Iron stone concentrate
Issue Size: 1,500,000 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: 20 percent annually
Issuer (SPV): Farvardin SPV corporation (Central Asset Management Company)
Sale agent: Sepah Bank corporation
Guarantor: Mines and Metals Development CO. and Omid Investment Group
Agent of payment: Central Securities Depository of IRAN (CSDI)
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