AerCap’s Registered Ordinary Shares Offerings
December 05, 2014
Cravath represented AerCap Holdings N.V., the world’s largest independent aircraft leasing company, in connection with various registered offerings related to AerCap ordinary shares held by Waha AC Coöperatief U.A. In connection with the offerings, Waha entered into funded collar transactions relating to AerCap’s ordinary shares with certain financial institutions. In order to hedge their obligations under the funded collar transactions, the financial institutions borrowed 8,233,152 ordinary shares from Waha and sold those shares, together with 3,000,000 ordinary shares offered by Waha as selling shareholder, in an underwritten offering through Deutsche Bank Securities Inc., acting as underwriter. The offering also included an additional 3,690,153 ordinary shares, which were borrowed by the collar counterparties from Waha to be sold from time to time, pursuant to block sales, on the NYSE, in the over‑the‑counter market or in negotiated transactions. Sales of the shares would be at market prices prevailing at the time of sale or at negotiated prices in order to hedge the collar counterparties’ obligations under the funded collar transactions. The shares were listed on the New York Stock Exchange. The transaction closed on December 5, 2014.
The Cravath team included partner Craig F. Arcella and associate Cameron S. Stanton.
Related Practices & Industries
People
- Photo
-
-
J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
-
B.A., 1995, Duke University
- New York
Education
Admitted In
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.
