AerCap Signs Debt Facilities for Total of $108 Million

Published on Thursday, 29 July 2010 06:19 Written by TradersHuddle Staff

AMSTERDAM, July 29 /PRNewswire-FirstCall/ -- AerCap Holdings N.V. ("AerCap", NYSE: AER) today announced that it has signed debt facility agreements totaling $108 million. One of the facilities is for the financing of an Airbus A330-300 delivering in September 2010 and is provided by KfW IPEX Bank, and the other facility covers the refinancing of an Airbus A320-200 and is provided by BNP Paribas.  Both facilities have a term of 10 years.

Including the new facilities, AerCap has now closed $835 million of new debt in 2010 which brings the total amount of debt accessed by the company in slightly over two years to $5.8 billion.

About AerCap Holdings N.V.

AerCap is the world's leading independent aircraft leasing company. AerCap also provides engine leasing, aircraft management services, aircraft maintenance, repair and overhaul services and aircraft disassemblies. AerCap is headquartered in The Netherlands and has offices in Ireland, the United States, China, Singapore and the United Kingdom.

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SOURCE AerCap Holdings N.V.