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  • Tuesday, 21 April 2020 10:54

Mines and Metals Development Investment Co. Sukuk Profile

Originator: Mines and Metals Development Investment Co.
Issue Date: March 04, 2020
Type of asset: stocks
Issue Size: 7,500,000 Million IRR
Exchange: Tehran Stock Exchange Co.
Structure: Ijarah
Tenor: 4 years
Payment Periods: Every 6 months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 21% annually
Issuer (SPV): Azar IV Co.
Sale agent: Hafez Brokerage Co.
Guarantor: stocks
Agent of payment: Central Securities Depository of IRAN (CSDI)
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