O'Melveny, Debevoise Rep AIG In Aircraft Unit IPO

Law360, New York (September 2, 2011, 2:18 PM EDT) -- American International Group Inc.'s profitable aircraft leasing unit International Lease Finance Corp. filed for an initial public stock offering Friday that could inject billions of dollars into the insurer's operations — but the companies warned potential investors about ILFC's debt.

The companies did not specify how many shares would be sold, at what price or when, but said the IPO, to be coordinated by Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, is taking place in part because ILFC, which...
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