International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, stated (11-Aug-2010) it intends to offer, subject to market and other conditions, USD500 million aggregate principal amount of its unsecured senior notes due 2017. ILFC plans to use the net proceeds from the sale of the senior notes to repay a portion of its outstanding secured loans from AIG Funding Inc and for general corporate purposes. BofA Merrill Lynch, Citigroup Global Markets Inc, JP Morgan Securities Inc, Credit Suisse Securities (USA) LLC, UBS Securities LLC, BNP Paribas Securities Corp and Goldman, Sachs & Co are acting as joint lead book-running managers for the offering. Barclays Capital Inc, Deutsche Bank Securities Inc and Wells Fargo Securities LLC are acting as co-managers of the offering. [more]
ILFC announces offering of USD500m senior notes
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