DUBAI, Aug 26 (Reuters) - Qatari Islamic lender Masraf Al
Rayan has tightened the price guidance for its five-year U.S.
dollar-denominated sukuk and received more than $3.1 billion in
orders, a document showed on Wednesday.
The bank tightened the price guidance to 190-195 basis
points (bps) over mid-swaps after it began marketing the Islamic
bonds at about 220 bps over mid-swaps earlier on Wednesday. The
deal is expected to close later on Wednesday.
(Reporting by Yousef Saba
Editing by David Goodman