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AMSTERDAM, Jan 6, 2016 - (ACN Newswire) - AerCap Holdings N.V. ("AerCap", NYSE: AER) today announced that it has completed the upsize, amendment and extension of its $0.3 billion unsecured Revolving Credit Facility. The new facility size is $0.6 billion and comprises a three-year revolving period followed by a two-year term loan.
DBS Bank Ltd. acted as mandated lead arranger, bookrunner and global coordinator, and CTBC Bank Co., Ltd. acted as Taiwan bank coordinator. Citi acted as facility agent.
Paul Rofe, Group Treasurer of AerCap, said: "We are delighted with the successful closing of this valuable facility that continues to provide us with ongoing committed liquidity at improved terms. We were pleased to welcome new lenders to the AerCap group along with the continued support and confidence of our existing banking partners in executing this facility."
The total amount of financing transactions completed in 2015 is $7.3 billion.
About AerCap
AerCap is the global leader in aircraft leasing with 1,725 owned, managed or on order aircraft in its portfolio. AerCap has one of the most attractive order books in the industry. AerCap serves over 200 customers in approximately 90 countries with comprehensive fleet solutions, and provides part-out and engine leasing services through its subsidiary, AeroTurbine. AerCap is listed on the New York Stock Exchange (AER) and has its headquarters in Amsterdam with offices in Dublin, Los Angeles, Shannon, Fort Lauderdale, Miami, Singapore, Shanghai, Abu Dhabi, Seattle and Toulouse.
Forward Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. In most cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of such terms or similar terminology. Such forward-looking statements are not guarantees of future performance and involve significant assumptions, risks and uncertainties, and actual results may differ materially from those in the forward-looking statements.
For Investors/Media:
John Wikoff
Tel. +31 631 699 430
jwikoff@aercap.com
AerCap Announces Completion of Unsecured Revolver
http://hugin.info/149317/R/1976746/723542.pdf
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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: AerCap Holdings N.V. via Globenewswire
Topic: Press release summary
Source: AerCap Holdings
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
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