Simpson Thacher Represents Dealer Managers in Upsized Tender Offers by AerCap
12.15.20
This is only gets display when printing
Simpson Thacher represented the dealer managers in connection with the cash tender offers by AerCap Ireland Capital DAC and AerCap Global Aviation Trust, subsidiaries of AerCap Holdings N.V. (“AerCap”). AerCap accepted for purchase up to $740 million aggregate principal amount of its 3.95% Senior Notes due 2022, 3.5% Senior Notes due 2022 and 4.625% Senior Notes due 2022. The tender offers were upsized from $600 million to $740 million and were settled early on December 15, 2020. To date, Simpson Thacher has represented the underwriters in connection with over $12 billion of debt and equity financings by AerCap or its subsidiaries since 2017.
AerCap is a global leader in aircraft leasing. As of September 30, 2020, AerCap owned 933 aircraft and managed 105 aircraft. 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 and Matt Petrone (Capital Markets); and Jonathan Cantor and Brian Mendick (Tax).