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Rule 424(b)(3)
Registration Statement No. 33-62649
Pricing Supplement No. 116
Dated February 19, 1997
(To Prospectus dated June 14, 1996 and
Prospectus Supplement dated February 10, 1997)
INTERNATIONAL LEASE FINANCE CORPORATION
$910,580,000
Medium-Term Notes, Series H
Principal Amount: $5,000,000
Issue Price: $5,000,000
CUSIP: 45974VRX8
Settlement Date: February 24, 1997
Stated Maturity (date): January 15, 2001
Interest Rate: 6.24%
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: