Simpson Thacher represented the underwriters, led by Morgan Stanley & Co. LLC, Credit Agricole Securities (USA) Inc., Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc., in connection with the registered public offering by AerCap Ireland Capital DAC and AerCap Global Aviation Trust, subsidiaries of AerCap Holdings N.V. (“AerCap”), of $1 billion aggregate principal amount of 3.65% Senior Notes due 2027. AerCap intends to use the net proceeds of the offering for general corporate purposes.
AerCap is the global leader in aircraft leasing with 1,539 owned, managed or on order aircraft in its portfolio as of June 30, 2017. AerCap serves approximately 200 customers in approximately 80 countries with comprehensive fleet solutions from its headquarters in Dublin, with offices in Amsterdam, Los Angeles, Shannon, Fort Lauderdale, Miami, Singapore, Shanghai, Abu Dhabi, Seattle and Toulouse.
The Simpson Thacher team for the transaction included David Azarkh, Tony Rim and Sarah Pelham (Capital Markets); Jonathan Cantor and Brian Mendick (Tax); Michael Isby (Environmental); Larry Moss and Eric Wolf (Executive Compensation and Employee Benefits); Abram Ellis and Mark Skerry (Regulatory); and Jennie Getsin (FINRA and Blue Sky). Summer Associate Jaime Picano provided valuable assistance.