American International Group (AIG) has closed the final chapter of the sale of International Lease Financing Corporation (ILFC) to AerCap with the public offering of 71.2 million AerCap shares, reducing its stake in the aircraft lessor to just 5%. AIG had expected to sell just 50 million shares but there was such phenomenal demand for the paper that the deal was upsized. At the close of the market on June 3, the shares priced $49 per share, a premium of 1.6% to the filed price of $48.24. The share sale is the largest ever public or private offering of common

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