AerCap signs USD190m in debt facilities

AerCap signed (21-May-2010) debt facility agreements totaling USD190 million. The facilities have terms ranging from eight to 10 years and cover the financing of A319, A321 and A330 aircraft. The separate facilities were provided individually by Credit Agricole CIB, DBS Bank Singapore and Sumitomo Mitsui Banking Corporation. Including the new facilities, AerCap has now closed USD560 million of new debt in 2010 which brings the total amount of debt accessed by the company in the past two years to USD5.5 billion. [more]