Welcome to our dedicated page for Aercap Holdings Nv news (Ticker: AER), a resource for investors and traders seeking the latest updates and insights on Aercap Holdings Nv stock.
AerCap Holdings N.V. (NYSE: AER) is a Dublin-based aviation leasing company that regularly publishes news about its leasing, financing and fleet management activities across global aviation markets. The AER news feed highlights how AerCap works with airlines, cargo operators and other aviation counterparties, and provides insight into its role in commercial aircraft, engine and helicopter leasing.
Recent AerCap news releases feature lease agreements and deliveries of new aircraft types, such as Airbus A330-900 and A321neo aircraft for airlines including Virgin Atlantic and Thai Airways, as well as Boeing 737 MAX 8 and 737-800NG aircraft for FlySafair. Other announcements cover AerCap Cargo’s delivery of a Boeing 777-300ERSF converted freighter to Fly Meta and lease agreements with My Freighter, illustrating AerCap’s participation in both passenger and cargo fleet solutions.
Investors following AER news will also see updates on capital markets transactions and financing, including senior notes offerings by AerCap’s financing subsidiaries that are guaranteed by AerCap and certain other subsidiaries. The company issues press releases on the pricing of these notes and their intended use of proceeds for acquiring, investing in, financing or refinancing aircraft assets and repaying indebtedness.
In addition, AerCap uses news releases to communicate financial performance milestones, transaction volumes and corporate actions, such as major business transaction summaries, share repurchase activity, dividend declarations and the timing of quarterly earnings releases and investor calls. Coverage of insurance recoveries and legal developments related to assets lost in Russia also appears in its communications and related filings.
This news page allows readers to track AerCap’s leasing transactions, aircraft deliveries, financing activities and corporate developments over time, using company-issued information and regulatory disclosures as primary sources.
AerCap Holdings N.V. (AER) announced early results for its debt tender offers totaling up to $1.5 billion, inviting tender for specific notes. As of the early tender deadline on October 6, 2020, approximately $1.88 billion in notes were tendered. Payment for accepted notes will occur on the early settlement date, October 8, 2020. The total consideration for each $1,000 in principal will be based on the yield of reference securities. The offers will expire on October 21, 2020, unless extended. Key lead dealers include Barclays, Deutsche Bank, and Morgan Stanley.
AerCap announced an increase in its tender offer for specific notes from $500 million to $1.5 billion. This includes changes to the financing condition, raising the gross proceeds requirement from $500 million to $1.5 billion. The offers will expire on October 21, 2020, with early tender deadlines set for October 6, 2020. A total consideration will be determined for each series of notes based on fixed spreads, with accrued interest paid as well. The purpose is to retire the maximum number of outstanding obligations.
AerCap Holdings N.V. (NYSE: AER) announced the pricing of $1.5 billion in senior notes, which includes $900 million of 3.150% Senior Notes due 2024 and $600 million of 4.625% Senior Notes due 2027. The proceeds will fund cash tender offers to purchase certain existing notes and cover related fees. Any excess funds will be allocated for general corporate purposes. The offering is backed by a registration statement filed with the SEC.
AerCap Holdings N.V. announced a cash tender offer for its notes totaling up to $500 million through its subsidiary, AerCap Global Aviation Trust. The offer, detailed in the Offer to Purchase, includes specific notes with varying principal amounts and acceptance priority levels. Holders must submit their notes before deadlines to receive the total consideration, with amounts varying based on early tender premiums. The offers will expire on October 21, 2020, with potential for early settlement on October 8, 2020. The offer is contingent on securing $500 million from concurrent note offerings.
AerCap Holdings N.V. (NYSE: AER) has filed its interim financial report for the second quarter ending June 30, 2020, with the SEC. The report includes unaudited consolidated financial statements. The company remains a leader in aircraft leasing, serving nearly 200 customers in around 80 countries. AerCap's position is noted for having one of the most attractive order books in the industry, which could indicate potential growth opportunities despite challenges posed by the ongoing Covid-19 pandemic.
AerCap reported a net income of $246 million for Q2 2020, down from $331 million in Q2 2019. Diluted earnings per share fell to $1.92 from $2.42. Lease revenue decreased by 12% year-over-year to $948 million, primarily due to airline bankruptcies. The company has $12 billion in liquidity, surpassing cash needs for the next year. Adjusted debt/equity ratio stands at 2.5 to 1, with unencumbered assets worth $27 billion. Future deliveries of the Boeing 737 MAX remain uncertain due to ongoing regulatory issues.
AerCap Holdings N.V. (NYSE: AER) announced the expiration and results of its cash offers to purchase certain notes. The offers, which expired on July 17, 2020, included securities totaling $1,000,000,000, $650,000,000, and other amounts, with most of the tendered notes being accepted. Notably, $743,997,000 of the 8.250% Notes and $367,396,000 of the 8.625% Notes were tendered. The company waived certain conditions to allow acceptance of notes with lower priority levels, and accepted a total of $7,888,000 through guaranteed delivery procedures, with settlements on July 20, 2020.
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AerCap announced its offer to purchase for cash all outstanding notes from its wholly-owned subsidiary AerCap Global Aviation Trust. The offers, dated July 13, 2020, include various note series with a total consideration cap of $1.25 billion. The expiration date for the offers is set for 5:00 p.m. Eastern Time on July 17, 2020. These notes will be retired and delisted from Euronext Dublin. The comprehensive terms and timelines for tendering the notes are outlined in the Offer to Purchase documents available on the company's website.
AerCap Holdings N.V. (NYSE: AER) will host a conference call on July 29, 2020, at 8:30 a.m. ET, to discuss its Q2 2020 financial results. The earnings press release will be available before market open on the same day. Investors can access the call via phone or through AerCap's website, where a replay will also be archived for one year. AerCap is a leading aircraft leasing company with a robust customer base across 80 countries.
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