Simpson Thacher represented the underwriters, led by Mizuho Securities USA LLC, Barclays Capital Inc., RBC Capital Markets, LLC and Santander Investment 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 $800 million aggregate principal amount of 3.5% Senior Notes due 2025. AerCap intends to use the net proceeds of the offering for general corporate purposes, including to acquire, invest in, finance or refinance aircraft assets and to repay indebtedness.
AerCap is the global leader in aircraft leasing with 1,506 owned, managed or on order aircraft in its portfolio as of September 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, Singapore, Shanghai, Abu Dhabi, Seattle and Toulouse.
The Simpson Thacher team for the transaction included David Azarkh, Tony Rim, Meaghan Krupa and Pinto Adhola (Capital Markets); Jonathan Cantor and Brian Mendick (Tax); Michael Isby (Environmental); Larry Moss and Eric Wolf (Executive Compensation and Employee Benefits); Abram Ellis, Mark Skerry and Seth Atkisson (Regulatory); and Jennie Getsin (FINRA and Blue Sky).