PRESS RELEASE
AerCap Signs Debt Facilities
for Total of $190 Million With Three Banks From Europe and Asia
Amsterdam, The Netherlands; May 21,
2010 – AerCap Holdings N.V. ("AerCap", NYSE: AER) today announced that it has
signed debt facility agreements totaling $190 million. The facilities have terms
ranging from eight to ten years and cover the financing of A319, A321 and A330
aircraft. The separate facilities were provided individually by Credit Agricole
CIB, DBS Bank Singapore
and Sumitomo Mitsui Banking Corporation (SMBC).
AerCap’s CFO, Keith Helming,
said: “We
are delighted to be expanding AerCap’s
broad network in the financial community with DBS Bank from Singapore, a new business partner
for us, and to build up on our already strong relationships with Credit
Agricole CIB and SMBC.”
Including the new facilities, AerCap has now closed $560 million of new debt in 2010 which
brings the total amount of debt accessed by the company in the last two years
to $5.5 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.
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.
|
Contact for Media:
Frauke Oberdieck
+31 20 655 9616
foberdieck@aercap.com
|
Contact for Investors:
Peter Wortel
+31 20 655 9658
pwortel@aercap.com
|