DUBAI May 16 Qatar Islamic Bank, Qatar's largest Islamic lender, has tightened the price guidance of its planned five-year dollar sukuk to 140-145 basis points over mid-swaps from an initial guidance of 145-155 bps over mid-swaps, a document issued by one of the banks leading the deal showed on Tuesday.
Order books for the Regulation S, senior unsecured transaction topped $1.75 billion, the document showed.
Citi, Emirates NBD Capital, HSBC, Noor Bank, QInvest and Standard Chartered Bank are leading the deal, which is expected to price on Tuesday.
(Reporting by Davide Barbuscia; editing by Jason Neely)
BRIEF-Property developer Guangzhou Yuetai expects H1 net profit to rise sharply
* Says it expects H1 net profit to rise 1,214-1,264 percent y/y to 888.5-925.0 million yuan ($130.42-$135.78 million)