AerCap Closes $0.7 Billion New Credit Facility



AerCap Holdings completed the closing of a new $0.7 billion secured credit facility, which will primarily be used to acquire new narrowbody and widebody aircraft as they deliver from Boeing and Airbus through 2017.

The facility was signed to finance a portfolio of 13 aircraft and matures in 2022. AIB Corporate Banking, Bank of Ireland Corporate Banking, Commonwealth Bank of Australia, Crédit Industriel et Commercial, DekaBank Deutsche Girozentrale, Development Bank of Japan, HSBC, KFW IPEX-Bank GmbH, MUFG, National Australia Bank and Sumitomo Mitsui Trust Bank acted as mandated lead arrangers on the transaction.

Paul Rofe, Group Treasurer of AerCap, said, “We are very pleased with the successful closing of this transaction, which will contribute to the funding of deliveries through 2017. The transaction also allows us to welcome new lenders to the AerCap group together with our existing banking partners.”

The total amount of financing transactions completed in 2016 to date is $2.8 billion.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

No categories available

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com