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Published on 12/7/2012 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

S&P places International Lease on watch

Standard & Poor's said it placed its ratings, including its BBB- corporate credit rating, on International Lease Finance Corp. on CreditWatch with negative implications.

Parent company American International Group Inc. confirmed discussions to sell a 90% stake in International Lease Finance to a group of five Chinese investors.

"Our current rating on ILFC includes one notch for potential support from AIG," said S&P credit analyst Betsy Snyder in a news release.


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