9-Mar-2010 11:01 AM

ILFC increases secured loans to USD1.3 billion

International Lease Finance Corporation (ILFC) reportedly plans to increase a secured loan deal from USD750 million to USD1.3 billion, adding an additional USD550 million secured loan (Bloomberg, 05-Mar-2010). Bank of America and Goldman Sachs Group are arranging the new six-year borrowing. The two banks are already arranging ILFC’s USD750 million loan.