DUBLIN , Oct. 3, 2024 /PRNewswire/ -- AerCap Holdings N.V.
(the "Company") is pleased to announce the successful completion of its inaugural benchmark Sukuk issuance of $500 million priced at a profit rate of 4.500%, with a five-year maturity period. The trust certificates in Sukuk format were issued by Aercap Sukuk Limited.
The Company intends to use the net proceeds from the issuance for general corporate purposes, including to acquire, invest in, finance or refinance aircraft assets and to repay indebtedness. Arab Banking Corporation (B.S.
C.) acted as Arranger and Joint Lead Manager. Dubai Islamic Bank PJSC, Emirates NBD Bank PJSC, HSBC Bank plc, J.
P. Morgan Securities plc and KFH Capital Investment Company K.S.
C.C. acted as Joint Lead Managers and Warba Bank K.
S.C.P.
acted as Co-Lead Manager. This press release shall not constitute an offer to sell or purchase or the solicitation of an offer to sell or purchase the certificates or any other securities, nor shall there be any offer, solicitation, purchase or sale of these securities in any state or jurisdiction in which such offer, solicitation, purchase or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About AerCap AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry.
AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York.