Research Update: International Lease Finance Corp. Outlook Revised To Stable, 'BBB-' Ratings Affirmed; Unsecured Debt Ratings Raised May 11
- ID: 1793854
- May 2011
- Region: Global
- Standard & Poors
U.S.-based International Lease Finance Corp. (ILFC) has made significant progress in the past year and a half improving liquidity and addressing large debt maturities. We are affirming our 'BBB-' corporate credit rating on ILFC and revising the outlook to stable, reflecting the improved liquidity. At the same time, we are raising the ratings on the company's senior unsecured debt to 'BBB-' from 'BB+'. The outlook is stable reflecting our belief that recent financings, along with expected cash from operations, should be sufficient to meet 2012 debt maturities. On May 19, 2011, Standard & Poor's Ratings Services affirmed its 'BBB-' corporate credit rating on Los Angeles-based aircraft lessor International Lease Finance Corp. (ILFC) and revised the outlook to stable from negative....
Companies mentioned in this report are:
- International Lease Finance Corp.
- American International Group Inc.
- ILFC E-Capital Trust I
- ILFC E-Capital Trust II
Action: Outlook: Stable
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Product Type: Research Update
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