By Abhinav Ramnarayan

State-owned fund Investment Corporation of Dubai has mandated banks for a potential U.S. 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 U.S. dollar offer may follow subject to market conditions.