DUBLIN, Nov. 14,
2023 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap"
or the "Company") (NYSE: AER) today announced the pricing of a
secondary offering of 26,721,633 of its ordinary shares (the
"Secondary Offering") by GE Capital US Holdings, Inc. (the "Selling
Shareholder"), a wholly owned subsidiary of General Electric
Company, at a price to the public of $65.25 per ordinary share. In addition, the
Selling Shareholder has granted to the underwriters a 30‑day option
to purchase up to 4,008,245 additional ordinary shares from the
Selling Shareholder (the "Option"). If the underwriters
exercise the Option in full, General Electric Company will cease to
beneficially own any of AerCap's ordinary shares. AerCap will not
receive any proceeds from the sale of the ordinary shares. As
part of the Secondary Offering, AerCap will repurchase 7,859,163 of
its ordinary shares from the underwriters at a price per ordinary
share equal to $63.62.
Goldman Sachs & Co. LLC, Citigroup, Deutsche Bank
Securities, BNP PARIBAS, BofA Securities, J.P. Morgan, Credit
Agricole CIB, Mizuho, MUFG and SOCIETE GENERALE are acting as
joint bookrunning managers for the Secondary Offering. BBVA, ING,
UniCredit Capital Markets, Santander, Academy Securities, R.
Seelaus & Co., LLC and Siebert Williams
Shank are acting as co-managers for the Secondary
Offering.
The Company has filed a registration statement (including a
prospectus) on Form F-3 with the U.S. Securities and Exchange
Commission (the "SEC") for the Secondary Offering to which this
communication relates. The registration statement
automatically became effective upon filing on March 7, 2023. Investors should read the
accompanying prospectus, dated March 7,
2023, the preliminary prospectus supplement relating to the
Secondary Offering, dated November 13,
2023, and documents the Company has filed with the SEC for
more complete information about the Company and the Secondary
Offering.
These documents may be obtained for free by visiting EDGAR on
the SEC website at www.sec.gov. The accompanying prospectus
and prospectus supplement relating to the Secondary Offering may
also be obtained from: Goldman Sachs & Co. LLC, Attn:
Prospectus Department, 200 West Street, New York, New York 10282, telephone:
1-866-471-2526, facsimile: 212-902-9316, or by emailing
prospectus-ny@ny.email.gs.com; Citigroup, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at
1-800-831-9146; Deutsche Bank Securities Inc., Attn:
Prospectus Department, at 1 Columbus Circle, New York, NY 10019, by telephone at
1-800-503-4611 or by email at prospectus.cpdg@db.com; BNP Paribas
Securities Corp., by email
at DL_prospectus_requests@us.bnpparibas.com; BofA Securities,
Attention: Prospectus Department, NC1-022-02-25, 201 North Tryon
Street, Charlotte, NC 28255-0001,
or by email at dg.prospectus_requests@bofa.com; or J.P. Morgan
Securities LLC, c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717,
by telephone at 1-866-803-9204, or by email at
prospectus-eq_fi@jpmchase.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the Company's ordinary shares or
any other securities, nor shall there be any offer, solicitation or
sale of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
About AerCap
AerCap is the global leader in aviation leasing with one of the
most attractive order books in the industry. AerCap serves
approximately 300 customers around the world with comprehensive
fleet solutions. AerCap is listed on the New York Stock Exchange
(AER) and is based in Dublin with
offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Dubai, Seattle, Toulouse and other locations around
the world.
Forward-Looking Statements
This press release contains certain statements, estimates and
forecasts with respect to future performance and events. These
statements, estimates and forecasts are "forward-looking
statements". In some cases, forward-looking statements can be
identified by the use of forward-looking terminology such as "may,"
"might," "should," "expect," "plan," "intend," "will," "aim,"
"estimate," "anticipate," "believe," "predict," "potential" or
"continue" or the negatives thereof or variations thereon or
similar terminology. All statements other than statements of
historical fact included in this press release are forward-looking
statements and are based on various underlying assumptions and
expectations and are subject to known and unknown risks,
uncertainties and assumptions, and may include projections of our
future financial performance based on our growth strategies and
anticipated trends in our business. These statements are only
predictions based on our current expectations and projections about
future events. There are important factors that could cause our
actual results, level of activity, performance or achievements to
differ materially from the results, level of activity, performance
or achievements expressed or implied in the forward-looking
statements, including, among other things, the availability of
capital to us and to our customers and changes in interest rates;
the ability of our lessees and potential lessees to make lease
payments to us; our ability to successfully negotiate flight
equipment (which includes aircraft, engines and helicopters)
purchases, sales and leases, to collect outstanding amounts due and
to repossess flight equipment under defaulted leases, and to
control costs and expenses; changes in the overall demand for
commercial aviation leasing and aviation asset management services;
the continued impacts of the Ukraine Conflict, including the
resulting sanctions by the United
States, the European Union, the United Kingdom and other countries, on our
business and results of operations, financial condition and cash
flows; the rate of recovery in air travel related to the Covid-19
pandemic, the aviation industry and global economic conditions; the
potential impacts of the pandemic and responsive government actions
on our business and results of operations, financial condition and
cash flows; the effects of terrorist attacks on the aviation
industry and on our operations; the economic condition of the
global airline and cargo industry and economic and political
conditions; development of increased government regulation,
including travel restrictions, sanctions, regulation of trade and
the imposition of import and export controls, tariffs and other
trade barriers; the impact of current hostilities in the
Middle East, or any escalation
thereof, on the aviation industry or our business; a downgrade in
any of our credit ratings; competitive pressures within the
industry; regulatory changes affecting commercial flight equipment
operators, flight equipment maintenance, engine standards,
accounting standards and taxes.
As a result, we cannot assure you that the forward-looking
statements included in this press release will prove to be accurate
or correct. These and other important factors and risks are
discussed in AerCap's annual report on Form 20-F and other filings
with the SEC. In light of these risks, uncertainties and
assumptions, the future performance or events described in the
forward-looking statements in this press release might not occur.
Accordingly, you should not rely upon forward-looking statements as
a prediction of actual results and we do not assume any
responsibility for the accuracy or completeness of any of these
forward-looking statements. Except as required by applicable law,
we do not undertake any obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise.
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SOURCE AerCap Holdings N.V.