PRESS RELEASE
FOR IMMEDIATE RELEASE
AerCap Signs $1.4 Billion Facility Agreement
for A330 Financing
Amsterdam, The
Netherlands; January 5, 2009 - AerCap Holdings N.V. (“AerCap”, NYSE: AER) today
announced that it has signed a facility agreement with Calyon S.A. and other
banks and financial institutions, outlining the terms pursuant to which the
European Export Credit Agencies may provide guarantees on up to $1.4 billion of
financing. This represents a significant
portion of the remaining financing needed for the Airbus A330 order delivering
between 2009 and 2012. The European Export Credit Agencies consist of Coface in
France, ECGD in the
Keith Helming,
Chief Financial Officer of AerCap said: “This transaction demonstrates AerCap’s
ability to secure competitively priced long-term financing even in a very
challenging market environment, and completes AerCap’s execution of nearly $3.4
billion of facilities during 2008. The support by the banking community and the
export credit agencies confirms that there is strong backing for AerCap’s
business model.”
About AerCap
AerCap is an
integrated global aviation company with a leading market position in aircraft
and engine leasing, trading and parts sales. AerCap also provides aircraft
management services and performs aircraft maintenance, repair and overhaul
services and aircraft disassemblies. AerCap is headquartered in The Netherlands
and has offices in
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: Peter Wortel, Tel. +31 20 655 9658 |