AerCap prices $1bn jumbo bond

Lauren Eldershaw
By Lauren Eldershaw March 28, 2019 12:49

AerCap prices $1bn jumbo bond

AerCap has priced its offering of $500 million senior notes due 2024 at 4.875%, and $500 million senior notes due 2026 at 4.450%.

The 2024 notes are extension to the $400 million notes that priced at 4.875% with the same maturity of 2024. Both 2024 notes will have the same terms, except the issue date, and will constitute a single series. All notes are fully and unconditionally guaranteed on a senior unsecured basis by AerCap, which intends to use the proceeds for general corporate purposes.

Goldman Sachs, Merrill Lynch, Morgan Stanley, SunTrust and Wells Fargo are joint bookrunners

Lauren Eldershaw
By Lauren Eldershaw March 28, 2019 12:49