“The largest financing in Iran Energy Exchange”

This week, Iran Farabourse listed IRR 1,000 bn (USD 24 mn)* Murabaha Sukuk of Kerman Motor Company with 2-year maturity and 17% coupon rate. SEO authorized the first phase issuance of the IRR 200 bn (USD 4.8 mn) Murabaha sukuk of Adorateb Company. The paper will have a maturity of 2 years and 18% coupon rate. Through a syndication, Kian Capital Management is responsible for market making and underwriting of this security. Mapna Group recorded the largest financing of the Energy Exchange with value of IRR 4,000 bn (USD 97 mn) through Standard Parallel Salam.

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