Simpson Thacher represented the underwriters 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 $700 million aggregate principal amount of 4.45% Senior Notes due 2021 and $400 million aggregate principal amount of 4.875% Senior Notes due 2024. 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, as of December 31, 2018, 1,421 owned, managed or on order aircraft in its portfolio. AerCap serves approximately 200 customers in approximately 80 countries with comprehensive fleet solutions from its headquarters in Dublin, with offices in Shannon, Los Angeles, Singapore, Amsterdam, Shanghai, Abu Dhabi, Seattle and Toulouse.
The Simpson Thacher team for the transaction included David Azarkh, Davis Mahon, Crystal Oparaeke and Brian Kloeblen (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).