ILFC Enters into $2.3B Committed Unsecured Credit Facility

LOS ANGELES—(BUSINESS WIRE)—International Lease Finance Corporation (“ILFC”), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that it has entered into a new $2.3 billion committed unsecured revolving credit facility, replacing its $2.0 billion unsecured revolving credit facility entered into in January 2011.

“Increasing the size and improving the terms of our revolving unsecured credit facility further enhances ILFC’s diversified capital structure and is a cornerstone of the $6.4 billion in new financing raised so far in 2012.”

The new facility, which is available for general corporate purposes, further enhances the company’s strong liquidity position. A total of ten banks participated in the transaction. They include Citibank, Bank of America, JPMorgan Chase, Barclays Bank, Morgan Stanley, Royal Bank of Canada, Credit Suisse, Deutsche Bank, Goldman Sachs and UBS. Each of these banks is core to ILFC and further demonstrates the banking community’s confidence in ILFC’s business and continued strong market position.

ILFC Chief Executive Officer Henri Courpron commented, “Increasing the size and improving the terms of our revolving unsecured credit facility further enhances ILFC’s diversified capital structure and is a cornerstone of the $6.4 billion in new financing raised so far in 2012.”