ILFC Announces Pricing of $550,000,000 of Floating Rate Senior Notes Due
LOS ANGELES -- May 21, 2013
International Lease Finance Corporation (ILFC), a wholly owned subsidiary of
American International Group, Inc. (NYSE: AIG), announced today that it has
priced, and entered into an agreement to issue and sell, subject to certain
conditions, $550 million aggregate principal amount of floating rate senior
notes due 2016 (the “Notes”) pursuant to an effective registration statement
filed on July 23, 2012 with the Securities and Exchange Commission. The
interest rate on the Notes for the first interest period will be the rate
equal to the three-month U.S. dollar London Interbank Offered Rate (“LIBOR”),
as determined on May 22, 2013, plus 1.95%. Thereafter, the Notes will pay
interest at a rate equal to the three-month U.S. dollar LIBOR plus 1.95%.
ILFC expects to close the offering on May 24, 2013, subject to the
satisfaction of customary market and other closing conditions.
The Notes will be unsecured and will not be guaranteed by ILFC’s parent, any
of ILFC’s subsidiaries or any third party.
The underwriters for the offering are Goldman, Sachs & Co., Deutsche Bank
Securities Inc., UBS Securities LLC, Barclays Capital Inc., BofA Merrill
Lynch, Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P.
Morgan Securities LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC.
You may obtain a copy of the prospectus supplement and the related prospectus
for free by visiting EDGAR on the SEC website at www.sec.gov, or by
*Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New
York, NY 10282, telephone: 866-471-2526, facsimile: 212-902-9316, e-mail:
*Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, 2nd
Floor, New York, NY 10005--2836, telephone: 800-503-4611, email:
*UBS Securities LLC, Attn: Prospectus Specialist, 299 Park Avenue, New
York, NY 10171, telephone: 877-827-6444, ext. 561 3884.
This press release does not constitute an offer to sell or the solicitation of
an offer to buy the Notes, nor shall there be any offer, solicitation or sale
of the Notes in any jurisdiction in which such offer, solicitation or sale is
Forward Looking Statements
This press release contains “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995. These forward-looking
statements include, but are not limited to, statements related to the proposed
closing date of the offering of the Notes. These forward-looking statements
reflect ILFC’s current views with respect to future events and are based on
assumptions and are subject to risks and uncertainties. Except for ILFC’s
ongoing obligation to disclose material information as required by federal
securities laws, it does not intend to update you concerning any future
revisions to any forward-looking statements to reflect events or circumstances
occurring after the date hereof.
International Lease Finance Corporation (ILFC) is a global market leader in
the leasing and remarketing of commercial aircraft. With approximately 1,000
owned and managed aircraft and commitments to purchase 243 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 has
approximately 200 customers in more than 80 countries and provides part-out
and engine leasing 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.
American International Group, Inc. (AIG) is a leading international insurance
organization serving customers in more than 130 countries. AIG companies serve
commercial, institutional, and individual customers through one of the most
extensive worldwide property-casualty networks of any insurer. In addition,
AIG companies are leading providers of life insurance and retirement services
in the United States. AIG common stock is listed on the New York Stock
Exchange and the Tokyo Stock Exchange. Additional information about AIG can be
found at www.aig.com.
Pam Hendry, +1-310-788-1970
Paul Thibeau, +1-310-788-1999
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