Moody's assigns International Lease notes B1

Moody's Investors Service said it assigned a rating of B1 to International Lease Finance Corp.'s new senior unsecured notes due 2015 and 2017, each with an offering amount of $250 million.

The outlook is negative.

According to Moody's, International Lease's new notes are add-ons to its $1 billion of senior notes due September 2015 and $1 billion of senior notes due March 2017, issued on March 22.

The terms of the add-on notes are identical to those of the original notes and are consistent with the firm's existing unsecured debt issuance, including certain restrictions on liens, distributions, and asset transfers, the agency noted.

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