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  • Saturday, 30 May 2020 12:49

Kerman Motor Sukuk Profile

Originator: Kerman Motor
Issue Date: May 26, 2020
Type of asset: materials and equipments
Issue Size: 2,000,000 Million IRR
Exchange: Iran Fara Bourse
Structure: Murabaha
Tenor: 3 years
Payment Periods: Every six months from start date
Face value of each paper: 1,000,000 IRR
Sukuk rate: 18% annually
Issuer (SPV): Qordad V Co.
Sale agent: Karamad Brokerage Co.
Guarantor: Tejarat Bank
Agent of payment: Central Securities Depository of IRAN (CSDI)
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