AerCap announces closing of new US$0.6bn credit facility

AerCap Holdings has completed the closing of a new US$0.6bn secured credit facility. The facility will primarily be used to acquire new narrowbody and widebody aircraft as they deliver from Boeing and Airbus through 2017. The facility was signed to finance a portfolio of eight aircraft and matures in 2024. The total amount of financing transactions completed in 2016 to date is US$3.5bn.