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ILFC launches $500 million unsecured offering

11 August 2010

International Lease Finance Corporation (ILFC) is looking to raise up to $4.4 billion with secured and unsecured transactions in order to pay back parent company, American International Group (AIG).

Read more: International Lease Finance Corporation (ILFC) BofA Merrill Lynch Citi JP Morgan BNP Paribas Credit Suisse

International Lease Finance Corporation (ILFC) has launched a $500 million seven-year unsecured bond today.

Seven banks are working on the transaction. Joint-lead bookrunners are BofA Merrill Lynch, Citi and JP Morgan. Passive bookrunners include: BNP Paribas, Credit Suisse, Goldman Sachs and UBS.

This follows an announcement...


Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.

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