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Genesis reduces debt facility ahead of merger with AerCap

08 October 2009

The Shannon-based company has reduced its borrowing capacity under a $1 billion revolving credit facility to $200 million

Read more: Genesis Aercap revolving credit facility Alan Jenkins

Genesis Lease has reduced its debt capacity under a revolving credit facility ahead of its merger with AerCap Holdings, the company said.

The lessor has lowered its borrowing capacity under the $1 billion revolving credit facility...


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"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus

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