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AerCap Holdings N.V.
AerCap Closes $100 Million Engine Acquisition Facility for Expansion of Long-Term Engine Leasing Business
July 11th, 2008
AerCap Holdings N.V. ("AerCap," NYSE: AER) announced the closing of a $100 million engine acquisition facility with a syndicate of US and German banks (Citi, BayernLB, Helaba Landesbank Hessen-Thuringen Girozentrale, and Norddeutsche Landesbank) led by Citi as global arranger. The facility provides AerCap with committed funding to acquire a broad range of spare engine types to expand AerCap's business for long term engine leasing based in Shannon, Ireland. The facility has an availability period of 24 months, with the option for an additional term period of 36 months. Keywords: AerCap Holdings N.V. This article...
Source: Health Business Week (2008-07-11)
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