The Investment Corporation of Dubai (ICD), an investment arm of the Dubai government, is considering raising as much as USD1bn from the sale of international debt this year. The company has sent requests for proposals to appoint arrangers for a possible dollar-denominated offering. ICD, which owns stakes in Emirates Airline and Emirates NBD, last sold dollar debt in May 2014 when it raised USD1bn from a two-part offering. (Bloomberg)
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