AerCap Holdings N.V. Announces Amend and Extend of $2.25 Billion Term Loan Facilities
DUBLIN--(BUSINESS WIRE)-- AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced that it has amended and extended two term loan facilities for the total amount of $2.25 billion.
AerCap’s $0.75 billion term loan facility, originally put in place by ILFC in February 2012, was amended and extended in December 2016. The maturity of the term loan was extended from April 2020 to October 2022. RBC Capital Markets and Bank of America Merrill Lynch acted as lead arrangers on this extension.
AerCap’s $1.5 billion term loan facility, originally put in place by ILFC in March 2014, was amended and extended in January 2017. The maturity of the term loan was extended from March 2021 to October 2023. Deutsche Bank Securities and Credit Suisse acted as lead arrangers on this extension.
About AerCap
AerCap is the global leader in aircraft leasing with, as of December 31, 2016, 1,566 owned, managed or on order aircraft in its portfolio. AerCap has one of the most attractive order books in the industry. AerCap serves approximately 200 customers in approximately 80 countries with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and has its headquarters in Dublin with offices in Amsterdam, Los Angeles, Shannon, Fort Lauderdale, Miami, Singapore, Shanghai, Abu Dhabi, Seattle and Toulouse.
Forward-Looking Statements
This press release contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward-looking statements." In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "should," "expect," "plan," "intend," "estimate," "anticipate," "believe," "predict," "potential" or "continue" or the negatives thereof or variations thereon or similar terminology. All statements other than statements of historical fact included in this press release are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements. As a result, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. We do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20170124005790/en/
AerCap Holdings N.V.
For Media:
Gillian Culhane, +353 1
636 0945
Vice President Corporate Communications
gculhane@aercap.com
or
For
Investors:
Brian Canniffe, +353 1 418 0461
Head of
Investor Relations
bcanniffe@aercap.com
Source: AerCap Holdings N.V.
Released January 24, 2017