AerCap Announces Two Further Debt Facilities for a Total of $127 Million
Dec 14, 2009
AMSTERDAM, - AerCap Holdings N.V.
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.