Thursday, October 7, 2010

ILFC PAYS DOWN $2 BILLION IN BANK DEBT

Los Angeles, CA, October 7, 2010 — International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of American International Group, Inc. (NYSE: AIG), today announced the repayment of a $2 billion bank loan.

This bank loan was issued as a revolving line of credit in October 2005 which was unutilized until September 2008 when it was fully drawn. Since that time, ILFC has been able to increase its liquidity position by more than......

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