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Published on 3/12/2010 in the Prospect News Investment Grade Daily.

S&P rates International Lease loan BBB-

Standard & Poor's said it assigned a BBB- rating to Delos Aircraft Inc.'s proposed $550 million secured term loan due 2016. Delos is a wholly owned indirect subsidiary of International Lease Finance Corp. (BBB-/Watch negative), which will guarantee the loan.

The ratings were placed on CreditWatch with negative implications.

Proceeds will be used for general corporate purposes, including refinancing significant upcoming debt maturities.


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