Waha Capital enters into a hedging transaction and raises funding on half of its investment in AerCap

Waha Capital, a leading Abu Dhabi-based investment company, has entered into a hedging transaction on half of its shares (c. 14.9 million) in New York-listed AerCap Holdings (AerCap), the world’s largest independent aircraft leasing company. Through the transaction, Waha Capital has effectively locked in the value of these shares at a minimum price of $42.39 per share, up to a cap of $61.23 per share, subject to certain adjustments. This price range compares well to the original investment cost of $13.00 per share and its carrying value on Waha Capital’s balance sheet of $31.87 per share as of 30 June