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.
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Published first on TheFly
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