|ILFC ANNOUNCES PRICING OF $1.0 BILLION OF 8¼% SENIOR NOTES DUE 2020|
LOS ANGELES, December 2, 2010 — 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, its
public offering of $1.0 billion aggregate principal amount of 8¼% senior notes due 2020. The
notes were offered pursuant to an effective shelf registration statement filed on August 7, 2009
with the Securities and Exchange Commission.
ILFC expects to close the offering on December 7, 2010, subject to the satisfaction of customary
market and other closing conditions.
The notes will pay interest semi-annually on each June 15 and December 15 at a rate of 8.25%
per year, beginning June 15, 2011, and will mature on December 15, 2020. The notes will be
unsecured and will not be guaranteed by ILFC’s parent, any of ILFC’s subsidiaries or any third
The notes will be issued by ILFC at the initial price of 99.160% of the principal amount. The
aggregate net proceeds from the sale of the notes, after deducting underwriting discounts and
commissions, fees and estimated offering expenses, will be approximately $976.4 million and
will be used by ILFC for general corporate purposes, including the repayment of existing
You may obtain a copy of the prospectus supplement and related prospectus for free, when
available, by visiting EDGAR on the SEC website at www.sec.gov.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the
notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer,
solicitation or sale is unlawful.
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 and the
expected use of the proceeds from the sale of such 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.
ILFC is the international market leader in the leasing and remarketing of advanced technology
commercial jet aircraft to airlines around the world. ILFC owns a portfolio consisting of
approximately 950 jet aircraft.
American International Group, Inc. (AIG) is a leading international insurance organization with
operations in more than 130 countries and jurisdictions. AIG companies serve commercial,
institutional and individual customers through one of the most extensive worldwide propertycasualty
networks of any insurer. In addition, AIG companies are leading providers of life
insurance and retirement services around the world. AIG common stock is listed on the New
York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.
Pamela S. Hendry, Senior Vice President & Treasurer
ILFC Investor contact
ILFC Media Relations contact