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Update: AerCap completes facility amendment
10 June 2011
The Dutch aircraft leasing company has extended its 2006 warehouse facility to 2016.
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AerCap
UBS
Credit Suisse
Citi
Nomura
Scotiabank Capital
Warehouse Facility
Amendment
Keith Helming
AerCap has extended a $775 million non-recourse facility, with an amendment. AerCap will use the funds to acquire aircraft.
With the amendment, AerCap has increased the revolving period by two years with a three-year term-out period to June 2016.
The deal, which took about two to three months to close, has changed from a two-tier structure to one-tier structure, according to one...
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