International Lease Finance Corporation (ILFC) has added $200 million to its existing $1.3 billion secured term credit facility. The wholly owned subsidiary of AIG has increased its total commitment to $1.5 billion. The company will use the proceeds to prepay existing unsecured and secured bank facilities due in October 2011 and 2012. KfW IPEX-Bank arranged the additional $200 million loan, which will mature in 2018.
Click here for the release from Business Wire.