AerCap prices $1.5 billion in senior notes for aircraft assets

DUBLIN – AerCap Holdings NV, a leading player in the aviation leasing sector, announced today that it has priced the issuance of a substantial amount of senior notes in an aggregate principal amount of $1.5 billion. The capital increase includes two parts: US$800 million in senior notes due in 2029 with an annual interest rate of 5.100% and US$700 million in senior notes due in 2034 with an annual interest rate of 5.30%.

The 2029 Notes were issued at a price of 98.81% of face value, and the 2034 Notes were issued at a price of 97.729% of face value. Both sets of notes will be senior unsecured guaranteed by AerCap and certain of its subsidiaries. The net proceeds from the offering are intended to be used for general corporate purposes, including the acquisition, investment, financing or refinancing of aircraft assets and the repayment of existing indebtedness.

Citigroup, Goldman Sachs & Company. LLC, Morgan Stanley, Mitsubishi UFJ Financial Group and Truist Securities are responsible for managing the bookkeeping administration of the underwritten public offering. Investors can obtain the prospectus and related documents, which provide complete details of the offering, from the SEC’s EDGAR database or directly from bank management products.

The offering was made following the filing of a registration statement with the SEC on October 19, 2021, which became effective immediately upon filing. AerCap, listed on the New York Stock Exchange under the stock code NYSE:AER, is recognized as a global leader in the aviation leasing industry, providing a range of fleet solutions to approximately 300 customers around the world.

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