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(Full text of statement. Contact details below.)
MEDIA RELEASE PR27051
AerCap Holdings N.V. Announces the Pricing of Secondary Public Offering of Its Ordinary Shares at $25.90 Per Share
NEW YORK, July 31 /PRNewswire-AsiaNet/ --
AerCap Holdings N.V. ("AerCap," NYSE: AER) today announced that companies controlled by funds and accounts affiliated with Cerberus Capital Management, L.P. ("Cerberus"), its selling shareholders, had priced an offering of 20,000,000 ordinary shares at $25.90 per share. The underwriters have a 30-day option to purchase up to an additional 3,000,000 ordinary shares from Cerberus to cover overallotments, if any. Cerberus will continue to hold approximately a 46% interest in AerCap (or a 42% interest if the overallotment option is exercised in full). AerCap will not receive any of the proceeds from the offering.
Morgan Stanley, Goldman, Sachs & Co., Lehman Brothers and Merrill Lynch & Co. are acting as joint book running managers and as representatives for the underwriters of this offering.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission. Copies of the prospectus related to the offering may be obtained from the prospectus departments of:
Source: HighBeam Research, AERCAP HOLDINGS ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING.