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Largest Private Sector Financing In Iran Capital Market

IRR 8,000 billion equity-based Ijarah Sukuk is underwritten at Tehran Stock Exchange for Telecommunication Company of Iran.

On 20 May 2018, the underwriting of Ijarah Sukuk for Telecommunication Company of Iran (TCI) initiated.

The process will continue for 3 working days before the securities secondary trading starts at Tehran Stock Exchange (TSE).

The total amount of financing will be IRR 8,000 billion (USD 190 million) with %16 quarterly payable annual interest.

 

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