S&P is less likely to downgrade ILFC in the short term

06/10/2010 | Bloomberg Businessweek

Recent steps taken by International Lease Finance -- raising secured and unsecured debt, amending bank-credit agreements and selling $2 billion in aircraft -- prompted Standard & Poor's to lift its CreditWatch-negative designation, a short-term rating. However, S&P analyst Christopher DeNicolo said ILFC's debt maturity in 2012 and beyond is still large.

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