[6-K] AerCap Holdings N.V. Current Report (Foreign Issuer)
Rhea-AI Filing Summary
AerCap Holdings N.V. disclosed that two wholly owned subsidiaries, AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust, have issued a total of $1.75 billion in new senior notes. The issuance consists of $900 million aggregate principal amount of 4.125% Senior Notes due 2029 and $850 million aggregate principal amount of 4.750% Senior Notes due 2033.
The notes are guaranteed by certain AerCap-related entities under a supplemental indenture, and the transaction is supported by an underwriting agreement with a syndicate of major investment banks. The documents related to this debt issuance, including the underwriting agreement, supplemental indenture, and multiple legal opinions and consents, are being incorporated into AerCap’s shelf Registration Statement on Form F-3.
Positive
- None.
Negative
- None.
Insights
AerCap adds $1.75B of fixed-rate senior notes maturing in 2029 and 2033.
AerCap has issued
The transaction was underwritten by a syndicate including J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Crédit Agricole Securities (USA) Inc., Goldman Sachs & Co. LLC and RBC Capital Markets, LLC, indicating broad market distribution. The associated agreements, indenture and legal opinions are incorporated into an existing Form F-3 shelf, which provides a framework for accessing capital markets.
Actual impact on leverage, interest expense and refinancing profile depends on how these notes interact with AerCap’s broader debt portfolio and any maturing obligations, details that are not specified in this excerpt. Subsequent periodic reports may provide a clearer picture of how this issuance fits into AerCap’s long-term funding strategy.