14 Oct 2019

Irish Aircraft Leasing Newsletter 14 October

AerCap Holdings N.V. Announces Pricing of $750 Million Aggregate Principal Amount of Fixed-Rate Reset Junior Subordinated Notes AerCap has announced 3 October that it priced its offering of $750 million aggregate principal amount of 5.875% Fixed-Rate Reset Junior Subordinated Notes due 2079 . The Notes will be fully and unconditionally guaranteed on a junior subordinated basis by certain subsidiaries of the Company. AerCap intends to use the net proceeds from the Notes for general corporate purposes. Credit Suisse Securities (USA) LLC, BofA Securities, Inc. and J.P. Morgan Securities LLC are serving as joint book-running managers for the underwritten public offering. Aergo Capital announces the sale of 5 aircraft Aergo Capital has announced the sale of five aircraft from its managed portfolio. In the second and third-quarter 2019, the Irish based lessor concluded the sale of two 2014 vintage ATR 72-600 aircraft, on lease to Malindo Air, to Chorus Aviation Capital; one 2004 vintage ATR 72-500, subject to lease with AfriJet Business Service, to an affiliate of AfriJet Business Service; one 2006 vintage ATR 42-500, to AfriJet Business Service,an existing lessee of the company; and one 2004 Vintage A320-200 to Aero Capital Solutions, subject to operating lease with Smartlynx Airlines. AerCap to Host Capital Markets Day in New York on November 11, 2019 AerCap announced 8 October that the management will host a Capital Markets Day on Monday, November 11, 2019, to review the company's strategy and operations. The event will take place from 8:00 a.m. to 11:30 a.m., Eastern Standard Time, at The St. Regis New York (St. Regis Roof Ballroom), Two East 55^th Street, at Fifth Avenue, New York, NY 10022. Presentations will begin promptly at 9:00 am. CDB Aviation Delivers First of Nine A321neos to Indian Carrier IndiGo CDB Aviation announced today the delivery of the first of a fleet of nine Airbus A321neo aircraft to India’s leading airline, IndiGo, as part of a purchase and leaseback transaction. The aircraft also marks Airbus’ 1,000th A320neo family aircraft delivery, signifying a historic milestone for its best-selling single aisle fleet. Sign Kadouh, CDB Aviation Head of Commercial, Asia Pacific said “The versatility of the A321neos will provide the right capacity for IndiGo’s growing fleet, delivering superior performance and economics. We look forward to deepening our relationship and supporting the IndiGo management’s vision to be India’s leading airline.” Company of the Month September 2019: AerCap is a world leader with 10% of the world global market in aircraft Business & Finance Company of the Month September 2019: AerCap is a world leader with 10% of the world global market in aircraft. Read here Fly Leasing to Report Third Quarter 2019 Financial Results on November 8, 2019 Fly Leasing announced 3 October that it will release its third quarter 2019 earnings results before the market opens on Friday, November 8, 2019. FLY's senior management will host a conference call and webcast with slide presentation to discuss these results at 9:00 a.m. U.S. Eastern Time on Friday, November 8, 2019. Acumen Aviation © 14 October 2019 All Rights Reserved.