ILFC Continues to Focus on Enhancing Operations in 2013

  ILFC Continues to Focus on Enhancing Operations in 2013

  Diversifying Funding Sources, Supporting Regional Presence, and Fostering
                             Global Customer Base

Business Wire

LOS ANGELES -- January 22, 2013

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of
American International Group, Inc. (NYSE: AIG), announced today it will
continue to focus on strengthening the company’s operations throughout 2013.

“This past year marked a critical milestone in enhancing ILFC’s operations and
bolstering our liquidity and capital position,” said ILFC Chief Executive
Officer Henri Courpron. “With our team’s unwavering commitment to our vision
for a long-term and sustainable future for both our company and the industry,
we will continue to deliver innovative total aircraft fleet solutions to
assist our customers worldwide in optimizing their fleets.”

In 2012, ILFC:

  *Raised $4.2 billion through several financing structures that incorporated
    secured bank financing, secured institutional term loans, and unsecured
    public bonds.
  *Diversified its funding sources and reduced funding costs through a
    variety of financing activities, including closing a $203 million bank
    loan arranged and underwritten by DVB Bank, pricing $287 million
    pre-funded secured notes due 2025 guaranteed by the Export-Import Bank of
    the United States, refinancing the $550 and $750 million secured term
    loans, and closing a senior secured term loan of $900 million, which was
    supported by collateral with an initial weighted average age of 13.4
    years.
  *Enhanced its liquidity and credit profile by entering into a new $2.3
    billion committed unsecured revolving credit facility, which matures in
    October 2015, replacing its $2.0 billion unsecured revolving credit
    facility.
  *Held in excess of $2.9 billion in unrestricted cash as of December 31,
    2012 for future debt maturities and growth.

About ILFC

International Lease Finance Corporation (ILFC) is a global market leader in
the leasing and remarketing of commercial jet aircraft. With more than 1,000
owned and managed aircraft and commitments to purchase 229 new high-demand,
fuel-efficient aircraft and rights to purchase an additional 50 A320neo family
aircraft, ILFC is the world's largest independent aircraft lessor. ILFC leases
aircraft to approximately 200 airlines in more than 80 countries and provides
part-out, engine leasing and engine exchange services through its subsidiary,
AeroTurbine. ILFC operates from offices in Los Angeles, Amsterdam, Beijing,
Dublin, Miami, Seattle, and Singapore. ILFC is a wholly owned subsidiary of
American International Group, Inc. (AIG). www.ilfc.com | Twitter: @ILFCGlobal

About AIG

AIG is the world’s largest insurance organization, serving more than 88
million customers in over 130 countries and jurisdictions around the world.
AIG businesses are market leaders in property casualty insurance, life
insurance and retirement services, mortgage insurance, and aircraft leasing.
Additional information about AIG can be found at www.aig.com | YouTube:
www.youtube.com/aig | Twitter: @AIG_LatestNews | LinkedIn:
http://www.linkedin.com/company/aig

Contact:

International Lease Finance Corporation
Paul Thibeau, +1-310-788-1999
pthibeau@ilfc.com
 
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