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AerCap Holdings N.V. Announces Closing of $500 Million Inaugural Sukuk Issuance
AerCap N.V.AerCap N.V.(US:AER) Prnewswireยท2024-10-03 12:09

Core Insights - AerCap Holdings N.V. successfully completed its inaugural benchmark Sukuk issuance of $500 million with a profit rate of 4.500% and a five-year maturity period [1] - The net proceeds from the Sukuk issuance will be used for general corporate purposes, including acquiring, investing in, financing or refinancing aircraft assets and repaying indebtedness [1] - The issuance was arranged by Arab Banking Corporation and involved several joint lead managers including Dubai Islamic Bank, Emirates NBD Bank, HSBC Bank, J.P. Morgan Securities, and KFH Capital Investment Company [1] Company Overview - AerCap is recognized as the global leader in aviation leasing, serving approximately 300 customers worldwide with comprehensive fleet solutions [3] - The company is listed on the New York Stock Exchange (AER) and has a presence in multiple locations including Dublin, Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, and Dubai [3]