AerCap Holdings N.V. Announces Two Further Debt Facilities for a Total of $127 Million
15 December 2009 - 2:17AM
PR Newswire (US)
AMSTERDAM, Dec. 14 /PRNewswire-FirstCall/ -- AerCap Holdings N.V.
(NYSE: AER) today announced that it has signed two debt facility
agreements which provide funding for a total of $127 million. One
of the facilities, in the amount of $67 million, has been signed
with Norddeutsche Landesbank Girozentrale for the financing of two
existing Airbus A330 aircraft on long term leases. The other
facility, in the amount of $60 million, has been signed with
Natixis Transport Finance S.A. to provide financing for investments
made by AerCap. Keith Helming, Chief Financial Officer of AerCap
said: "AerCap is delighted to close these transactions and to
expand our relationship with these two important participants
within our industry. AerCap has successfully accessed $5 billion of
debt facilities over the last two years of which $1.7 billion
closed in the financial year 2009. This is a significant
endorsement of our 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 Ireland, the United States, Singapore, China 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. For Media: For Investors: Frauke Oberdieck, AerCap
Peter Wortel, AerCap Tel. +31 20 655 9616 Tel. +31 20 655 9658
http://www.aercap.com/ DATASOURCE: AerCap Holdings N.V. CONTACT:
Media, Frauke Oberdieck, AerCap, +31-20-655-9616, , or Investors,
Peter Wortel, AerCap, +31-20-655-9658, Web Site:
http://www.aercap.com/
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