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  • Wednesday, 25 December 2019 14:41

Mahan Air Co. Sukuk Profile

Originator: Mahan Air Co.
Issue Date: february 12, 2019
Type of asset: airlines revenues
Issue Size: 1,000,000 Million IRR
Exchange: Iran Fara Bourse
Structure: Manfaah
Tenor: 4 years
Payment Periods: Every three months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 16% annually
Issuer (SPV): Qordad I Co.
Sale agent: Novin Investment Bank Brokerage Co.
Guarantor: Tejarat Bank
Agent of payment: Central Securities Depository of IRAN (CSDI)
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