AerCap raises $190m in debt facilities
AerCap Holdings has signed debt facility agreements totalling $190m for the purchase of A319, A321 and A330 aircraft.
The separate facilities, which range from eight to 10 years, were provided by Credit Agricole CIB, DBS Bank Singapore and Sumitomo Mitsui Banking Corporation (SMBC). Keith Helming, AerCap's CFO, said: "We are delighted to be expanding AerCap's broad network in the financial community with DBS Bank from Singapore, a new business partner for us, and to build up on our already strong relationships with Credit Agricole CIB and SMBC." Including this deal, Aercap has accessed debt of $5.5bn in the last two years, $560m of which was raised this year.