ILFC enters into $2 billion committed unsecured credit line

International Lease Finance Corporation (ILFC) has entered into a $2 billion unsecured three-year revolving credit line for the purposes of enhancing its liquidity position and credit profile as it moves forward. ILFC raised more than $14 billion in 2010 through a variety of funding sources and other liquidity initiatives, which allowed it to pay off loans from its parent AIG which were received from the U.S. government, and extend its future debt maturities. This year ILFC leadership is planning to implement a number of initiatives which will allow the company to further strengthen its increasingly diversified financing profile.