AMSTERDAM, Dec. 14 /PRNewswire-FirstCall/ -- AerCap Holdings N.V. (NYSE: AER) today announced that it has signed two debt facility agreements which provide funding for a total of $127 million.
One of the facilities, in the amount of $67 million, has been signed with Norddeutsche Landesbank Girozentrale for the financing of two existing Airbus A330 aircraft on long term leases. The other facility, in the amount of $60 million, has been signed with Natixis Transport Finance S.A. to provide financing for investments made by AerCap.
Keith Helming, Chief Financial Officer of AerCap said: "AerCap is delighted to close these transactions and to expand our relationship with these two important participants within our industry. AerCap has successfully accessed $5 billion of debt facilities over the last two years of which $1.7 billion closed in the financial year 2009. This is a significant endorsement of our business model."
AerCap is an integrated global aviation company with a leading market position in aircraft and engine leasing, trading and parts sales. AerCap also provides aircraft management services and performs aircraft maintenance, repair and overhaul services and aircraft disassemblies. AerCap is headquartered in The Netherlands and has offices in Ireland, the United States, Singapore, China and the United Kingdom.
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SOURCE AerCap Holdings N.V.