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News & Insights

AerCap’s $3.745 Billion Revolving Credit Facility

March 07, 2017

Cravath represented the borrower, AerCap Ireland Capital Designated Activity Company, in connection with its $3.745 billion four‑year revolving credit facility arranged by Citibank, N.A., to be used for general corporate purposes. AerCap Ireland Capital Designated Activity Company is a wholly owned subsidiary of AerCap Holdings N.V., a leading aircraft leasing company. The transaction closed on February 15, 2017.

The Cravath team included partner Stephen M. Kessing and senior attorney Kimberly A. Grousset on banking matters; senior attorney Andrew Carlon and associate Debra M. Aboodi on tax matters; and associate Brian B. Kennedy on executive compensation and benefits matters. Benjamin T. Dye also worked on banking matters.

Related Practices & Industries

  • Corporate
  • Banking and Credit
  • Tax
  • Executive Compensation and Benefits
  • Industrials and Chemicals
  • Financial Services and Insurance

People

Photo
Name
Stephen M. Kessing
Title
Corporate
Title
Partner
Email
skessing@cravath.com
Phone
+1-212-474-1152
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    Education

    • J.D., 2005, Duke Law School
      Order of the Coif, magna cum laude
    • M.B.A., 2001, University of Southern California
    • B.S., 1995, Miami University of Ohio

    Admitted In

    • New York
    Photo
    Name
    Kimberly A. Grousset
    Title
    Corporate
    Title
    Of Counsel
    Email
    kgrousset@cravath.com
    Phone
    +1-212-474-1694
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      Education

      • J.D., 1995, Harvard Law School
        cum laude
      • B.A., 1992, St. Bonaventure University
        summa cum laude

      Admitted In

      • New York

      Related News & Insights

      Deals & Cases

      April 15, 2025

      AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust’s Registered Fixed‑Rate Reset Junior Subordinated Notes Offering

      Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with its $500 million registered fixed‑rate reset junior subordinated notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes will be listed on the Irish Stock Exchange. The transaction closed on April 1, 2025.

      Deals & Cases

      January 27, 2025

      AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust’s $1.5 Billion Registered Senior Notes Offering

      Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with their $1.5 billion registered senior notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the global leader in aircraft leasing. The notes were listed on the Irish Stock Exchange. The transaction closed on January 13, 2025.

      Deals & Cases

      September 24, 2024

      AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust’s $2.4 Billion Registered Senior Notes Offering

      Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with its $2.4 billion registered senior notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the world’s largest independent aircraft leasing company. The transaction closed on September 10, 2024.

      Deals & Cases

      July 25, 2024

      AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust’s Registered Junior Subordinated Notes Offering

      Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with its $750 million registered junior subordinated notes offering. AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust are wholly owned subsidiaries of AerCap Holdings N.V., the world's largest independent aircraft leasing company. The transaction closed on July 11, 2024.

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