AerCap Holdings (AER) announced that GE Capital US Holdings, a wholly owned subsidiary of General Electric Company (GE), is offering 18M ordinary shares of AerCap through an underwritten public offering. In addition, AerCap announced that it has entered into an agreement with the Selling Shareholder to repurchase $500M of ordinary shares of AerCap at a price per ordinary share equal to the price per ordinary share to be paid by the underwriters to the Selling Shareholder in the Secondary Offering. Goldman Sachs & Co., Citigroup and Morgan Stanley are acting as joint bookrunning managers for the Secondary Offering.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on AER:
