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Cravath Publishes Winter 2026 Issue of Alumni Journal

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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
vCard
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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

    Related News & Insights

    Deals & Cases

    January 29, 2026

    AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust’s $1.75 Billion Registered Senior Notes Offering

    Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with their $1.75 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 15, 2026.

    Deals & Cases

    October 15, 2025

    AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust’s $1.2 Billion Registered Senior Notes Offering

    Cravath represented AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust in connection with their $1.2 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 October 1, 2025.

    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.

    Cravath Bicentennial

    Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

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