The International Finance Corporation (AAA (S&P); Aaa (Moody's), the private sector arm of the World Bank Group, announced its intention to sell US$100 million of sukuk. DIB, HSBC, Liquidity House and KFHB will act as Joint Lead Managers and Joint Bookrunners for the issue. Investor presentations are scheduled for Oct 18th in Riyadh; Oct 19th in Bahrain; and Oct 20th in Dubai. The sukuk will be rated Aaa by Moody's, in line with IFC's issuer ratings.