Simpson Thacher represented the underwriters in connection with the registered public offering by AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust, subsidiaries of AerCap Holdings N.V. (“AerCap”), of $750 million aggregate principal amount of Fixed-Rate Reset Junior Subordinated Notes due 2055. To date, Simpson Thacher has represented the underwriters in connection with approximately $48 billion of debt and equity financings by AerCap or its subsidiaries since 2017.
AerCap is the global leader in aviation leasing with 2,044 aircraft owned, managed or on order and $71 billion of total assets as of March 31, 2024. AerCap serves approximately 300 customers with comprehensive fleet solutions from its headquarters in Dublin, with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Dubai, Seattle and Toulouse.
The Simpson Thacher team for the transaction included David Azarkh, Traci Biedermann, Shub Chandrasekaran and Varun Raghuram (Capital Markets); Jonathan Cantor and Matthew Lester (Tax); Michael Isby (Environmental); Pasco Struhs (Executive Compensation and Employee Benefits); Abram Ellis and Laurel Fresquez (Regulatory); Bobbie Burrows (Intellectual Property); and Jennie Getsin (FINRA and Blue Sky).