UPDATE 1-ILFC to sell $2.5 bln of debt in three parts -IFR

NEW YORK, Aug 9 (Reuters) - AIG's aircraft leasing unit, International Lease Finance Corp, plans to sell $2.5 billion of debt in three parts, said IFR, a Thomson Reuters service, on Monday.

The sale will include $900 million of four-year notes, $800 million of six-year notes and $800 million of eight-year notes, IFR said.

Active book managers will be Bank of America Merrill Lynch, Citigroup and JPMorgan, IFR said.

International Lease Finance plans to go to the capital markets in the next couple of weeks to raise just under $4 billion, the chief executive of American International Group Inc, Robert Benmosche, said on Friday. The funds will be used to pay down the Federal Reserve loans that AIG took to prop up ILFC. See.

(Reporting by John Parry and Paritosh Bansal; Editing by Leslie Adler) Keywords: ILFC/DEBTSALE ([e-mail] ; [phone]; Reuters Messaging: [e-mail]) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.