AerCap Holdings N.V. Announces Closing of $180m Senior Unsecured Revolving and Term Loan Facility
(Thomson Reuters ONE) -
Amsterdam, The Netherlands; October 21, 2013 - AerCap Holdings N.V. ("AerCap",
NYSE: AER) today announced that it has closed a $180m senior unsecured revolving
and term loan facility.
The five year unsecured facility comprises a three year revolving period
followed by a two year term loan period. The facility was upsized on closing due
to oversubscription. A mechanism to increase the size of the facility up to
$250m post-closing has also been included.
DBS Bank Ltd. acted as the Mandated Lead Arranger and Bookrunner on the
transaction. The facility will be used for general corporate purposes, and
provides AerCap committed financing and significant flexibility.
In addition to DBS Bank Ltd., this transaction includes several new lenders for
AerCap, including The Bank of East Asia, Land Bank of Taiwan and Taiwan Business
Bank, with the syndicate also including Bank of Taiwan, Chang Hwa Commercial
Bank, First Commercial Bank, Hua Nan Commercial Bank, Industrial and Commercial
Bank of China, and Taiwan Cooperative Bank.
Paul Rofe, Group Treasurer of AerCap said: "We are delighted to close this
important new facility led by DBS Bank. The fact that our existing lenders
continued to support us, and new lenders joined, demonstrates the confidence of
the banking community in AerCap's business model and capabilities. This facility
further increases our access to well-priced capital, and will be key in helping
AerCap execute our strategic objectives going forward."
The total amount of financing transactions completed in 2013 by AerCap is now
$1.9 billion.
About AerCap
AerCap is one of the world's leading aircraft leasing companies and has one of
the youngest fleets in the industry. AerCap is a New York Stock Exchange-listed
company (AER) and has its headquarters in the Netherlands with offices in
Ireland, the United States, China, Singapore and the United Arab Emirates.
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 Media: For Investors:
Frauke Oberdieck Peter Wortel
Tel. +31 20 655 9616 Tel. +31 20 655 9658
foberdieck(at)aercap.com pwortel(at)aercap.com
www.aercap.com
AerCap Facility Oct 2013:
http://hugin.info/149317/R/1736889/582183.pdf
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originality of the information contained therein.
Source: AerCap Holdings N.V. via Thomson Reuters ONE
[HUG#1736889]
Unternehmensinformation / Kurzprofil:
Datum: 21.10.2013 - 11:12 Uhr
Sprache: Deutsch
News-ID 307414
Anzahl Zeichen: 3818
contact information:
Town:
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Kategorie:
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