MAPNA Renewable Energies Generation Company will begin the subscription for its lease bonds on Sunday, September 22, offering an annual nominal interest rate of 23% and the potential for effective returns of up to 35%.
The first phase of these lease bonds will amount to 7,500 billion rials (nearly 13 million USD). These bonds, which are backed by a reputable market maker and bank guarantee, will be available under designated trading symbols from Sunday.
The subscription period will last for three working days.
The bonds offer an annual nominal interest rate of 23%, with the potential for effective returns of up to 35%. Interest will be calculated daily and paid quarterly through the Central Securities Depository of Iran (CSDI). The bonds have a maturity period of 36 months, with the principal amount repaid at maturity.
Issued by MAPNA Renewable Energies Generation Company, a subsidiary of MAPNA Group, these bonds aim to fund national projects. Investors can purchase the bonds through brokerage firms regulated by the Securities and Exchange Organization.
MAPNA Group specializes in major industrial sectors such as thermal and renewable power plant construction and operation, large-scale oil and gas projects, and advanced industrial product manufacturing, with over three decades of experience.
Committed to environmental responsibility, MAPNA Group established MAPNA Renewable Energies Generation Company in 2010 to develop various renewable energy power plants, including wind, solar, geothermal, and waste-to-energy plants.
Investors in these bonds not only benefit from attractive returns but also contribute to the advancement of renewable energy technologies and the use of clean fuels.