ICD picks banks for dollar bond issue

investment corporation of dubaiState-owned fund Investment Corporation of Dubai has mandated banks for a potential US dollar bond, according to a source.

ICD, has appointed Citigroup, Dubai Islamic Bank, Emirates NBD Capital, HSBC and Standard Chartered to a arrange a series of fixed income investor meetings in Asia, the Middle East and Europe starting on May 8.

A Reg S US dollar offer may follow subject to market conditions.-Reuters


Notice an issue?

Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


ADVERTISEMENT