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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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