AerCap Holdings N.V. Announces Pricing of $750 Million Aggregate Principal Amount of Fixed-Rate Reset Junior Subordinated Notes

Core Viewpoint - AerCap Holdings N.V. has successfully priced an offering of $750 million in Fixed-Rate Reset Junior Subordinated Notes due 2055, with an initial interest rate of 6.950% per annum, which will reset every five years based on the U.S. Treasury rate plus a spread of 2.720% [1][2]. Group 1: Offering Details - The offering consists of $750 million aggregate principal amount of Fixed-Rate Reset Junior Subordinated Notes due 2055 [1]. - The initial interest rate for the Notes is set at 6.950% per annum, with resets scheduled for March 10, 2030, and every five years thereafter [1]. - The Notes will be fully guaranteed on an unsecured junior subordinated basis by AerCap and certain subsidiaries [1]. Group 2: Use of Proceeds - The net proceeds from the Notes will be used for general corporate purposes, which may include redeeming a portion of the outstanding Fixed-Rate Reset Junior Subordinated Notes due 2079 on their first call date, October 10, 2024 [2]. Group 3: Underwriters - J.P. Morgan, Mizuho, Goldman Sachs & Co. LLC, and Santander are acting as joint book-running managers for the public offering [2]. Group 4: Company Overview - AerCap is a global leader in aviation leasing, serving approximately 300 customers worldwide with comprehensive fleet solutions [6]. - The company is listed on the New York Stock Exchange (AER) and is headquartered in Dublin, with additional offices in various global locations [6].