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  • Monday, 23 January 2017 10:43

Megamotor Co. Sukuk Profile

Originator: Megamotor Co.
Issue Date: January 12, 2015
Type of asset: MateIRR and goods defined in sale agreement
Issue Size: 1,000,000 Million IRR
Exchange: Iran Fara Bourse
Structure: Murabaha
Tenor: 2 years
Payment Periods: Every three months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 20% annually
Issuer (SPV): Farvardin 2 SPV corporation (Central Asset Management Company)
Sale agent: Parsian brokerage
Guarantor: Parsian Bank
Agent of payment: Central Securities Depository of IRAN (CSDI)
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