AIG’s ILFC Seeks $900 Million Term Loan to Repay Debt
February 06, 2012, 10:57 PM ESTBy Krista Giovacco
Feb. 6 (Bloomberg) -- International Lease Finance Corp., a unit of American International Group Inc., is seeking a $900 million senior secured term loan.
The company, based in Los Angeles, will use the proceeds to repay outstanding debt, pay transaction fees and fund general corporate purposes, ILFC said today in a statement distributed by Business Wire.
Paul Thibeau, a spokesman for the aircraft leasing company, declined to comment beyond the statement.
--Editors: Chapin Wright, Faris Khan
AIG US <EQUITY> CN
To contact the reporter on this story: Krista Giovacco in New York at kgiovacco1@bloomberg.net.
To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net.
