Tose’e Etemad Mobin, the parent company of Telecommunication Company of Iran, is to issue IRR 5 trillion worth of equity-based Ijarah Sukuk on the Iran Fara Bourse, an over-the-counter market for securities and shares. According to the Security and Exchange News Agency, 2.2 billion rent-to-own four-year bonds, each worth IRR 2,248, will be offered by the IFB this week to repay TCI debts.
Originally published on www.telecompaper.com
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