17-Dec-2012 8:53 AM

AerCap Signs USD200m pre-delivery payment facility for 737-800s

AerCap Holdings signed (14-Dec-2012) a USD200 million facility with DBS Bank Ltd of Singapore, to finance the pre-delivery payments for 10 new Boeing 737-800 aircraft. This funding facility completes all of AerCap's pre-delivery payment requirements for its order for 10 Boeing 737-800 aircraft. The order was placed in 2010 with deliveries scheduled during 2015. In total, AerCap has now raised USD1.5 billion of debt financing during 2012. AerCap group treasurer Paul Rofe said that having the lessees already in place for these aircraft was instrumental in helping the company source the financing. [more - original PR

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