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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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"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus

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