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International Lease Finance gets $2.3 billion unsecured revolver
By Sara Rosenberg
New York, Oct. 10 - International Lease Finance Corp. closed on a $2.3 billion unsecured revolving credit facility, according to a news release.
Citibank, Bank of America, JPMorgan Chase, Barclays Bank, Morgan Stanley, Royal Bank of Canada, Credit Suisse, Deutsche Bank, Goldman Sachs and UBS were all participants in the deal.
Proceeds were used to replace a $2 billion unsecured revolver and are available for general corporate purposes.
"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," Henri Courpron, chief executive officer, said in the release.
International Lease Finance is a Los Angeles-based independent aircraft lessor.
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