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Rule 424(b)(3)
Registration Statement No. 33-52763
Prospectus Supplement No. 40
Dated December 16, 1994
(To Prospectus dated May 16, 1994 and
Prospectus Supplement dated October 12, 1994)
INTERNATIONAL LEASE FINANCE CORPORATION
$1,000,000,000
Medium-Term Notes, Series G
Principal Amount: $20,000,000
Issue Price: $20,000,000
Stated Maturity (date): October 15, 1996
Interest Rate: 7.99%
Overdue Rate (if any): Not applicable
Redeemable by the Company on or after: Not applicable
Repayable at the option of the holder on: Not applicable
Optional Reset Dates: Not applicable
Extension Periods: Not applicable
Final Maturity: Not applicable
Repurchase Price (for Original Issue Discount Notes): Not applicable
Type of Note (check one):
Book-Entry Note _X___
Certificated Note____
Other Provisions:
