AerCap Prices $1.5B Senior Notes Offering Across 2030 and 2033 Tranches
AER sits 22% above its 52-week low of $118.93.
Summary
AerCap priced $1.5 billion in senior notes split between $750 million 5.500% notes due 2030 and $750 million 5.875% notes due 2033, with proceeds earmarked for aircraft assets and debt repayment.
Key Events · Financing and Capital Events · AER
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$1.5B Senior Notes Offering Priced
AerCap Funding DAC priced $750 million of 5.500% Senior Notes due 2030 and $750 million of 5.875% Senior Notes due 2033, fully guaranteed by AerCap Holdings N.V.
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Proceeds for Aircraft and Debt
Net proceeds will fund general corporate purposes, including acquiring, financing, or refinancing aircraft assets and repaying indebtedness.
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Higher Coupons vs. June 2026 Issuance
The new 5.500% and 5.875% coupons exceed the 4.875% rate on AerCap's $900 million 2031 notes issued in June 2026, reflecting rising interest rates.
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Six Joint Book-Running Managers
Citigroup, Mizuho, BNP Paribas, Deutsche Bank, Santander, and Truist are underwriting the offering.
Analysis · AER · Trade & Services
AerCap is tapping the debt market again with a $1.5 billion two-tranche senior notes offering, just three months after its $900 million issuance in June 2026. The new notes carry higher coupons (5.500% and 5.875%) than the prior 4.875% 2031 notes, reflecting the current rate environment. Proceeds will fund aircraft acquisitions and debt repayment, supporting AerCap's fleet expansion strategy. The offering is fully guaranteed by AerCap Holdings and certain subsidiaries, maintaining the company's senior unsecured credit profile.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 29.6% of the 1609 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AER was trading at $144.76 on NYSE in the Trade & Services sector, with a market capitalization of approximately $22.4B. The 52-week trading range was $118.93 to $158.81. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.