Moody's rates International Lease notes B1

Moody's Investors Service said it assigned a B1 rating to International Lease Finance Corp.'s benchmark senior unsecured notes, offered in two series that mature in 2016 and 2019.

The company's B1 corporate family rating and positive outlook are unchanged.

The terms are consistent with the company's existing unsecured debt issuance, including certain restrictions on liens, distributions and asset transfers, Moody's said.

The notes will rank pari passu with the company's other unsecured debt, the agency said.

The rating is based on its fundamental credit characteristics and the position of the notes in the company's capital structure, Moody's added.

The ratings are balanced by geographic, aircraft and customer risk exposures, as well as its resilient operating cash flow, the agency said.

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