ILFC said it completed the sale of $4.4 billion in secured and unsecured notes and "used the bulk of the proceeds to repay in full $3.9 billion in loans extended to ILFC" by the Federal Reserve Bank of New York as part of the US government/NY Fed bailout of ILFC parent American International Group in 2008 and 2009 (ATW Daily News, April 9, 2009). "The repayment strengthens ILFC’s financial position by releasing approximately $10 billion of collateral previously pledged ...

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