AerCap prices GE Capital shares

AerCap has announced a price to the public of $58.50 per ordinary share under its secondary offering of 23 million of its ordinary shares by seller GE Capital US Holdings, a subsidiary of General Electric (GE). “The secondary offering was upsized from the previously announced secondary offering of 18 million ordinary shares. In addition, the selling Shareholder has granted to the underwriters a 30-day option to purchase up to 3,450,000 additional ordinary shares from the selling Shareholder,” AerCap said in a statement announcing the pricing details. The Dublin-based lessor said would not receive any proceeds from the sale of the