AerCap signs corporate debt facility for $120 million

AerCap Holdings N.V. has signed a corporate debt facility agreement for $120 million with UBS as lead arranger. The facility has a term of five years and will be used for general corporate purposes. Paul Rofe, Group Treasurer of AerCap said: “With this corporate facility from UBS we have further diversified our sources of capital. This facility provides financing for general corporate purposes and allows AerCap to pursue additional investment opportunities. With the conclusion of this facility we have now closed $350 million of new debt in 2010 which brings the total amount of debt accessed by us in the last 24 months to $5.3 billion.”