Wednesday, April 13, 2011

AIG’s ILFC Swaps Notes

American International Group Inc.’s (AIG: 33.85 -0.23 -0.67%) jet leasing unit International Lease Finance Corporation (“ILFC”) has planned to swap new debt for old notes.

AIG’s subsidiary ILFC has stated that it will exchange up to $2.75 billion in new publicly registered debt for old private notes.

According to ILFC, the newly registered notes of $2.75 billion will involve an exchange of up to......

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