29 Jan 2018

Irish Aircraft Leasing Newsletter 29 January

AerCap Holdings N.V. Announces Pricing of $1.15 Billion Aggregate Principal Amount of Senior Notes AerCap announced 16 January that AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust priced their offering of senior notes, consisting of $600 million aggregate principal amount of 3.300% Senior Notes due 2023 and $550 million aggregate principal amount of 3.875% Senior Notes due 2028. The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company and certain other subsidiaries of the Company. The Issuers intend to use the net proceeds from the Notes for general corporate purposes. BNP Paribas Securities Corp., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated are serving as joint book running managers for the underwritten public offering. Avolon 2018 New Year Industry Review - 'Into the Great Wide Open' Avolon announced 16 January the issue its 2018 New Year Industry Review written by its Head of Strategy Dick Forsberg. The report is attached above for your reference. GECAS Appoints Declan Kelly Chief Commercial Officer GECAS announced 12 January Declan Kelly has been named Chief Commercial Officer for GECAS. In this newly created role, Declan will lead all originations activities for GECAS’ fixed wing aircraft and is responsible for the commercial strategy, building synergy and share practices between GECAS’ regions. Goshawk issues $100 million Schuldschein Goshawk announced 12 January it has completed its second unsecured Schuldschein issuance following its debut issuance in November 2016. Goshawk is the only aircraft leasing company to access the Schuldschein market to date, underlining Goshawk’s reputation as an innovator in the aircraft leasing space. The issuance has allowed Goshawk to further diversify its funding base following on from the $566.5m US Private Placement in August 2017. Launched at $75 million, the issue was oversubscribed and was increased to USD100 million to meet investor demand. The issuance was entirely in the 5-year tranche and proceeds will be used for general corporate purposes. The issue was arranged by Commerzbank and BNP Paribas. Hoffman and Korn obtain sole ownership of Apollo Aviation Group Apollo Aviation Group announced 11 January that as of close of business on 29 December 2017, Apollo Aviation Holdings Limited became solely owned by H&K entities controlled by William Hoffman and Robert Korn. Acumen Aviation © 29 January All Rights Reserved.