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  • Monday, 23 January 2017 11:03

Telecommunication Company of Iran Sukuk Profile

Originator: Telecommunication Company of Iran
Issue Date: July 13, 2015
Type of asset: a piece of land
Issue Size: 4,500,000 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: 21% annually
Issuer (SPV): Tir II SPV corporation (Central Asset Management Company)
Sale agent: Novin investment bank brokerage
Guarantor: Saderat Bank
Agent of payment: Central Securities Depository of IRAN (CSDI)
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