US CREDIT-Long-dated ILFC bonds may lose if Fed support ends

Newswire

By Karen Brettell NEW YORK, Oct 28 (Reuters) - Longer-dated debt of International Lease Financing Corp, the aircraft leasing unit of American International Group Inc , could be at high risk of losses because government support linked to AIG may eventually expire. AIG, the insurer bailed out by the U.S. government, last week said it has extended $2 billion in credit to ILFC, which allowed the company to meet debt obligations due last week. For details, see [ID:nN19358699]. The loans ...

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