Reuters reported General Electric Co.'s GE Capital unit for now will remain designated as "systemically important" - a tag that carries greater regulatory scrutiny. Reuters cited an announcement made by a U.S. regulatory panel.The Financial Stability...
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August 03, 2015, 07:35 AM
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Stonebriar Commercial Finance announced the addition of Mark Gibson as Vice President, Capital Markets. Based in the Dallas area, he will be instrumental in expanding Stonebriar Commercial Finance’s portfolio of loans and leases in a broad range of...
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April 22, 2015, 06:57 AM
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Stonebriar Commercial Finance LLC ("Stonebriar") announced the commencement of its operations with financial backing from Topeka, Kansas based Security Benefit Corporation ("Security Benefit").Stonebriar will provide financing solutions to a broad...
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March 11, 2015, 07:05 AM
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AerCap Holdings N.V. ("AerCap") has completed its previously announced acquisition of International Lease Finance Corporation ("ILFC") from American International Group, Inc. ("AIG") (NYSE: AIG). Under the terms of the agreement, AerCap paid AIG $3.0...
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May 15, 2014, 06:40 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that it has closed a new senior secured term loan of $1.5 billion. The loan will bear interest at LIBOR plus...
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March 07, 2014, 06:30 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced that the company has secured more than 50 lease transactions for the new Boeing 787. ILFC owns the largest order...
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February 28, 2014, 06:25 AM
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International Lease Finance Corporation (ILFC) announced that the company completed a total of 281 lease transactions in 2013 including both extensions and new leases of aircraft from ILFC's portfolio. Furthermore, during 2013, the company ordered...
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January 23, 2014, 06:00 AM
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AerCap Holdings N.V. today announced that it has entered into a definitive agreement with American International Group, Inc. under which AerCap will acquire 100% of the common stock of International Lease Finance Corporation ("ILFC"), a wholly-owned...
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December 16, 2013, 07:13 AM
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Bloomberg reports AIG is now in talks to sell its jet-leasing business, International Lease Finance Corp., to AerCap Holdings NV, people with knowledge of the matter said. AerCap, based in Schiphol, Netherlands, has a market value of $2.56 billion....
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December 13, 2013, 07:00 AM
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Bloomberg reported that New China Trust Co., which led a Chinese investor group in a $4.2 billion bid for American International Group Inc. (AIG)’s aircraft-leasing unit (ILFC), pulled out of the deal on concern its ties with a Chinese regulator...
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August 22, 2013, 06:59 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $100 million senior secured term loan to Pratt Paper (LA), LLC (Pratt), a wholly-owned subsidiary of Pratt Industries, Inc. (Pratt Industries). The loan proceeds were used to...
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August 07, 2013, 07:00 AM
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Bloomberg reported American International Group Inc. (AIG) is increasingly likely to pursue an initial public offering for ILFC after a deal to sell the unit stalled, according to industy analysts.According to the report, a Chinese buyer group had a...
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August 01, 2013, 06:50 AM
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Reuters reported a consortium led by P3 Investments is seeking to raise a $1.5 billion syndicated loan from Taiwanese banks to back a $4.753 billion bid for a 90 percent stake in International Lease Finance Corp. (ILFC). According to the Reuters...
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July 11, 2013, 07:00 AM
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Reuters reported the U.S. financial risk council on Tuesday said it has designated American International Group and GE Capital as systemically risky, bringing them under stricter regulatory oversight. The Financial Stability Oversight Council's...
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July 10, 2013, 07:00 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., announced that it has completed 125 lease transactions during the January through June timeframe of 2013. These transactions include...
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July 09, 2013, 07:00 AM
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Bloomberg reported that GE Capital and American International Group Inc. (AIG) will not fight a decision by regulators that they pose potential risks to the economy.The Bloomberg report quotes Russel Wilkerson, a spokesman for GE Capital saying, “We...
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July 03, 2013, 07:05 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates announced that they have provided a $65 million senior secured term loan to Saltchuk Resources, Inc. (Saltchuk), a Seattle-based family of diversified transportation and petroleum distribution...
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July 01, 2013, 07:00 AM
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Bloomberg reports that AIG has revived plans for an initial public offering of ILFC after the insurer extended a deadline for a group of Chinese investors to buy the business to July 31. According to the report, AIG had shelved the IPO plan last...
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June 24, 2013, 07:03 AM
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According to an 8K filed on June 15, 2013, American International Group, Inc. (“AIG”), has given a group of Chinese investors more time to complete a deal to buy International Lease Finance Corportation. According to the filing, the Amendment extends...
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June 18, 2013, 06:58 AM
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Bloomberg reported that AIG said in a regulatory filing Wednesday that it had received a deposit related to the sale of International Lease Finance Corp (ILFC). The deposit was to be for 10% of the total price. The filing does not provide details...
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June 06, 2013, 07:00 AM
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Reuters reported regulators on Monday proposed designating GE Capital, American International Group Inc, and Prudential Financial for heightened regulatory oversight. According to the report, the Financial Stability Oversight Council said it had...
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June 04, 2013, 07:08 AM
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Reuters reported a Chinese group's purchase of ILFC could collapse after American International Group said on Friday it did not receive a scheduled deposit payment. According to the report, under terms of the agreement, the missed payment gives AIG...
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June 03, 2013, 07:01 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. announced it has completed a total of 60 lease transactions during the first quarter of 2013. These transactions include extensions, new...
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April 26, 2013, 07:05 AM
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AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $65 million senior secured term loan to Upstate Transmission Holdings, LLC (Upstate). The loan was provided for recapitalization of Upstate and is secured by a 65 mile...
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April 11, 2013, 11:00 AM
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International Lease Finance Corporation (ILFC) announced the partial prepayment and amendment of its secured term loan entered into on February 23, 2012. This prepayment reduces the outstanding principal amount to $750 million, from the original loan...
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April 08, 2013, 06:49 AM
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International Lease Finance Corporation (ILFC) announced the successful removal of its A321 aircraft from India following Delhi’s High Court decision on March 15, 2013.This first aircraft's departure demonstrates the High Court's pragmatic approach...
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March 26, 2013, 07:03 AM
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International Lease Finance Corporation (ILFC), has been announced the winner of the ‘Aviation 100’ Lessor of the Year Award 2013 by Airline Economics. ILFC Chief Finance Officer Elias Habayeb was also named the 2013 CFO of the Year by the...
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March 11, 2013, 06:55 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., announced today it will continue to focus on strengthening the company’s operations throughout 2013.“This past year marked a critical...
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January 22, 2013, 07:00 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., announced that it secured 242 lease transactions in 2012. These lease transactions include both extensions and new leases for aircraft...
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January 21, 2013, 07:10 AM
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American International Group, Inc. and an investor group led by Mr. Weng Xianding, the Chairman of New China Trust Co. Ltd., announced today that they have entered into an agreement under which AIG will sell up to a 90% stake in International Lease...
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December 10, 2012, 07:26 AM
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Kirk Phillips, Senior Vice President, AIG Commercial Asset Finance, has been re-elected to serve on the Equipment Leasing and Finance Association's Financial Institutions Business Council Steering Committee. The Financial Institutions Business...
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November 14, 2012, 06:00 AM
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American International Group reported net income attributable to AIG of $1.9 billion and after-tax operating income of $1.6 billion for the quarter ended September 30, 2012, compared to a net loss attributable to AIG of $4.0 billion and an after-tax...
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November 05, 2012, 07:10 AM
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Bloomberg reported that GE Capital is in the final stage of a regulatory review to determine if it needs extra scrutiny because of the risk that its potential failure would pose to the U.S. economy, two people with direct knowledge of the matter said...
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October 08, 2012, 07:52 AM
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Bloomberg reported that American International Group Inc. (AIG) said a U.S. panel told the insurer it’s under consideration to be labeled a potential risk to the financial system, the first non-bank to report such notification in a process that could...
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October 03, 2012, 07:42 AM
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Bloomberg reported the U.S. Treasury is offering to sell $18 billion of American International Group Inc. (AIG) shares in a transaction that is likely to cut taxpayers’ stake in the firm to below 50% for the first time since its 2008 bailout....
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September 10, 2012, 07:40 AM
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The Federal Reserve Bank of New York announced the sale of the remaining securities in the Maiden Lane III LLC (ML III) portfolio marking the end of AIG-related assistance. The New York Fed’s management of the ML III portfolio will result in a net...
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August 27, 2012, 07:25 AM
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The Equipment Leasing and Finance Association announced that its 2012 Operations & Technology Excellence Award will go to two companies: LEAF Commercial Capital, Inc. and AIG Commercial Asset Finance. The winners were selected by a subcommittee of...
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July 17, 2012, 07:43 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., announced it completed a total of 130 lease transactions and took delivery of 14 new Boeing 737-800s during the January through June...
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July 10, 2012, 06:35 AM
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American International Group, Inc. named Laurette T. Koellner to the newly created role of Executive Chairman of International Lease Finance Corporation (ILFC). In this role, Ms. Koellner becomes the most senior executive officer of ILFC and reports...
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June 22, 2012, 07:30 AM
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Reuters reported that American International Group (AIG) has sued Steven Udvar-Hazy, the co-founder and former chief executive of International Lease Finance Corp (ILFC), its aircraft-leasing unit, accusing him and other former employees of stealing...
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April 25, 2012, 07:30 AM
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AIG Commercial Asset Finance (“AIGCAF”) has provided a $105 million loan for properties managed by U-Haul. Proceeds from the loan were used to refinance existing notes.U-Haul is North America’s largest “do-it-yourself” moving and storage operator...
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April 19, 2012, 07:30 AM
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Bloomberg Businessweek reported that the Federal Reserve Bank of New York is seeking bids for $7.49 billion of collateralized debt obligations linked to commercial mortgages it took on in the 2008 bailout of American International Group Inc. (AIG)....
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April 19, 2012, 07:00 AM
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AIG Commercial Asset Finance (AIGCAF) announced it has funded $55 million of a $100 million lease line for 2012 for a major investment grade provider of oil-field services in the United States. This financing confirms AIGCAF’s ability to provide...
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April 17, 2012, 06:00 AM
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Reuters reported that according to a report issued by CNBC, AIG is considering launching the initial public offering of its airplane leasing business – International Lease Finance Corp. in the second quarter of 2012, citing people familiar with the...
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April 05, 2012, 07:30 AM
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Bloomberg Businessweek reported that International Lease Finance Corp., the aircraft lessor owned by American International Group Inc., is seeking a four-year $550 million senior secured term loan. According to the report, the proceeds from the debt...
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March 27, 2012, 07:15 AM
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MarketWatch reported that International Lease Finance Corp. said it could face additional writedowns on its aircraft fleet after revealing the results of stress tests on a portfolio that has already suffered more than $3 billion incharges over the...
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March 09, 2012, 07:30 AM
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