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ILFC upsizes secured loan to $1.3 billion

08 March 2010

Aircraft leasing company, International Lease Finance Corporation (ILFC), owned by American International Group (AIG), will offer two secured term loans, totalling $1.3 billion.

Read more: [International Lease Finance Corporation] [ILFC] [American International Group] [AIG] [Bank of America] [Goldman Sachs]

International Lease Finance Corporation (ILFC) will upsize a $750 million deal to $1.3 billion by adding an additional $550 million secured loan. Bank of America and Goldman Sachs are arranging the transaction.

The first loan, announced in late February, has a five-year term and is secured by 43 aircraft which are...


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If you are looking to raise equity, this is the one part of the world where you’re chances are going to be better.

Mark Elliott, manager, Sahaab Leasing, on the benefits of starting a leasing company in the Middle East.