• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form FWP filed by AerCap Holdings N.V.

    3/25/25 4:58:13 PM ET
    $AER
    Diversified Commercial Services
    Consumer Discretionary
    Get the next $AER alert in real time by email
    FWP 1 fwp.htm FREE WRITING PROSPECTUS

    PRICING SUPPLEMENT
    Dated March 25, 2025
     
    Issuer Free Writing Prospectus
    Filed Pursuant to Rule 433
    Registration Statement No. 333-282733
    Supplementing the Preliminary Prospectus
    Supplement, dated March 25, 2025, and
    the Base Prospectus, dated October 18, 2024


    AerCap Ireland Capital Designated Activity Company
    AerCap Global Aviation Trust

    $500,000,000 Fixed-Rate Reset Junior Subordinated Notes due 2056


    Guaranteed by:
    AerCap Holdings N.V.



    Pricing supplement, dated March 25, 2025 (this “Pricing Supplement”), to the Preliminary Prospectus Supplement, dated March 25, 2025 (the “Preliminary Prospectus Supplement”), and the related Base Prospectus, dated October 18, 2024 (the “Base Prospectus” and, together with the Preliminary Prospectus Supplement, including the documents incorporated by reference in the Preliminary Prospectus Supplement and the Base Prospectus, the “Prospectus”), of AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust.

    This Pricing Supplement relates only to the securities described below and should only be read together with the Prospectus. This Pricing Supplement is qualified in its entirety by reference to the Prospectus. The information in this Pricing Supplement supplements the Prospectus and supersedes the information in the Prospectus to the extent inconsistent with the information in the Prospectus.

    Unless otherwise indicated, terms used but not defined herein have the meanings assigned to such terms in the Prospectus.

    Issuers:
     
    AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust
     
    Notes Offered:
     
    Fixed-Rate Reset Junior Subordinated Notes due 2056 (the “Notes”)
     

    1


    Ratings1:
     
    Baa2 / BBB- / BBB- (Moody’s / S&P / Fitch)
     
    Distribution:
     
    SEC Registered
     
    Trade Date:
     
    March 25, 2025
     
    Settlement Date:
     
    April 1, 2025 (T+5)
     
    We expect that delivery of the Notes will be made to investors on or about April 1, 2025, which will be the fifth business day following the date hereof (such settlement cycle being referred to as “T+5”). Under Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in one business day, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes prior to the first business day before delivery of the Notes hereunder will be required, by virtue of the fact that the Notes will initially settle in T+5, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of the Notes who wish to trade the Notes prior to the first business day before the date of delivery should consult their advisors.
     
    Principal Amount:
     
    $500,000,000
     
    Maturity Date:
     
    January 31, 2056
     
    Interest Rate:
     
    (i) From and including the original issuance date to, but excluding, January 31, 2031 (the “First Reset Date”) at the rate per annum of 6.500% and (ii) from and including the First Reset Date, during each Reset Period, at a rate per annum equal to the Five-year U.S. Treasury Rate as of the most recent Reset Interest Determination Date plus a spread of 2.441%, to be reset on each Reset Date.
     
    Optional Deferral of Interest:
     
     
    The Issuers may, at their option and on one or more occasions, defer payment of all or part of the current and accrued interest otherwise due on the Notes for a period of up to 20 consecutive semi-annual Interest Payment Periods. During any Optional Deferral Period, interest on the Notes will continue to accrue at the then-applicable interest rate on the Notes.
     



    1 These ratings have been provided by Moody’s, S&P and Fitch. A securities rating is not a recommendation to buy, sell or hold securities, may be subject to revision or withdrawal at any time and each rating should be evaluated independently of any other rating.

    2


    Restrictions During Optional Deferral Period:
     
    During an Optional Deferral Period, the Issuers and the guarantors will not (i) declare or pay any distribution, dividend or comparable payment in respect of any parity indebtedness or junior claims or (ii) repurchase or redeem any parity indebtedness or junior claims, in each case subject to certain limited exceptions.
     
    Issue Price to Public:
     
    100% of the principal amount
     
    Interest Payment Dates:
     
    January 31 and July 31, beginning on July 31, 2025 (subject to the Issuers’ right to defer interest payments as described under “Optional Deferral of Interest”)
     
    Optional Redemption:
     
    In whole or in part on one or more occasions at a price equal to 100% of the principal amount being redeemed, plus accrued and unpaid interest to, but excluding, the redemption date (i) on any day in the period commencing on the date falling 90 days prior to the First Reset Date and ending on and including the First Reset Date and (ii) after the First Reset Date, on any interest payment date.
     
    Right to Redeem at Rating Agency Event:
     
    In whole, but not in part, at 102% of the principal amount being redeemed, plus accrued and unpaid interest to, but excluding, the redemption date, at any time within 120 days after a Rating Agency Event.
     
    Right to Redeem at Tax Event:
     
    If, (i) as a result of any change in the law of Ireland or certain other relevant taxing jurisdictions, the Issuers become obligated to pay any additional amounts with respect to the Notes or (ii) as a result of any change in law or certain threatened challenges, there is more than an insubstantial risk that (a) the Notes are not, or will not be, debt for U.S. tax purposes or (b) that the interest payable on the Notes is not, or will not be, deductible for Irish tax purposes, the Issuers may redeem the Notes at their option, at any time in whole but not in part, at a price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date and additional amounts, if any.
     
    CUSIP / ISIN:
     
    00774M BQ7 / US00774MBQ78
     
    Denominations:
     
    $150,000 and integral multiples of $1,000 in excess thereof
     
     
    Underwriters:
     
    Joint Book-Running Managers:
     
    Mizuho Securities USA LLC
    BofA Securities, Inc.
    MUFG Securities Americas Inc.
    Truist Securities, Inc.
     
    Joint Lead Managers:

    Barclays Capital Inc.
    BNP Paribas Securities Corp.
    Credit Agricole Securities (USA) Inc.
    Fifth Third Securities, Inc.
    J.P. Morgan Securities LLC


     

    3


    THIS INFORMATION DOES NOT PURPORT TO BE A COMPLETE DESCRIPTION OF THE SECURITIES OR THIS OFFERING. PLEASE REFER TO THE PROSPECTUS FOR A COMPLETE DESCRIPTION.

    THE ISSUERS HAVE FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (THE “SEC”) FOR THIS OFFERING. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS FOR THIS OFFERING IN THAT REGISTRATION STATEMENT, AND OTHER DOCUMENTS THE ISSUERS HAVE FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUERS AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING THE SEC ONLINE DATABASE (EDGAR®) AT WWW.SEC.GOV. ALTERNATIVELY, YOU MAY OBTAIN A COPY OF THE PROSPECTUS BY CALLING MIZUHO SECURITIES USA LLC TOLL-FREE AT 1-866-271-7403; BOFA SECURITIES, INC. TOLL-FREE AT 1-800-294-1322; MUFG SECURITIES AMERICAS INC. TOLL-FREE AT 1-877-649-6848; OR TRUIST SECURITIES, INC. TOLL-FREE AT 1-800-685-4786.

    THIS COMMUNICATION DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION TO ANY PERSON TO WHOM IT IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION IN SUCH JURISDICTION.

    THIS COMMUNICATION IS NOT INTENDED TO BE A CONFIRMATION AS REQUIRED UNDER RULE 10b-10 OF THE SECURITIES EXCHANGE ACT OF 1934. A FORMAL CONFIRMATION WILL BE DELIVERED TO YOU SEPARATELY.

    ANY LEGENDS, DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH LEGENDS, DISCLAIMERS OR OTHER NOTICES HAVE BEEN AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER SYSTEM.



    4
    Get the next $AER alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $AER

    DatePrice TargetRatingAnalyst
    11/21/2024$119.00Buy
    Goldman
    7/29/2024$125.00Buy
    TD Cowen
    6/7/2024$103.00Equal-Weight
    Morgan Stanley
    5/9/2024$100.00 → $105.00Buy
    TD Cowen
    1/10/2024$103.00Outperform
    BMO Capital Markets
    11/15/2023$80.00Overweight
    Barclays
    5/15/2023$71.00Buy
    Citigroup
    3/30/2023$74.00Buy
    Goldman
    More analyst ratings

    $AER
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • AerCap Holdings N.V. Announces Filing of Interim Financial Report for the First Quarter of 2025

      DUBLIN, April 30, 2025 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE:AER) today announced it has filed an interim financial report including its unaudited condensed consolidated financial statements and notes for the first quarter ended March 31, 2025, with the U.S. Securities and Exchange Commission (the "SEC"). AerCap's Form 6-K can be accessed on the "Investors" section of the Company's website at www.aercap.com, as well as on the SEC's website at www.sec.gov. About AerCap AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet

      4/30/25 11:45:00 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary
    • AerCap Holdings N.V. Reports Strong Financial Results for the First Quarter 2025, Increases 2025 Guidance and Announces New $500 Million Share Repurchase Program

      Net income for the first quarter of 2025 was $643 million, or $3.48 per share.Adjusted net income for the first quarter of 2025 was $679 million, or $3.68 per share.Raising full-year 2025 adjusted earnings per share guidance to $9.30 - $10.30, not including any additional gains on sale for the remainder of the year.New $500 million share repurchase program announced.DUBLIN, April 30, 2025 /PRNewswire/ -- AerCap Holdings N.V. (NYSE:AER), the industry leader across all areas of aviation leasing, today reported strong financial results for the first quarter of 2025. "AerCap produced another strong performance for the first quarter of 2025. We continue to benefit from strong demand for our aviat

      4/30/25 7:00:00 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary
    • AerCap Holdings N.V. Annual General Meeting Approves Appointment of New Non-Executive Board Member and Re-appointment of Five Non-Executive Directors Including the Chairman and Chief Executive Officer

      DUBLIN, April 16, 2025 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE:AER) today announced that its Annual General Meeting of Shareholders (AGM) held on April 16, 2025, appointed Victoria (Vicky) Jarman as Non-Executive Director to the Board of Directors (the "Board"), the re-appointment of the Chairman of the Board, Paul T. Dacier and the Company's Chief Executive Officer, Aengus Kelly, together with the re-appointment of Non-Executive Directors James Lawrence, Jennifer VanBelle and Michael Walsh. All appointments are with effect from the close of the Company's annual general meeting of shareholders in 2025 (the "2025 AGM") and are for a period of four years.  Richard (Michael) Grado

      4/16/25 5:47:00 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary

    $AER
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Goldman resumed coverage on AerCap with a new price target

      Goldman resumed coverage of AerCap with a rating of Buy and set a new price target of $119.00

      11/21/24 7:25:03 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary
    • TD Cowen resumed coverage on AerCap with a new price target

      TD Cowen resumed coverage of AerCap with a rating of Buy and set a new price target of $125.00

      7/29/24 7:19:39 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary
    • Morgan Stanley initiated coverage on AerCap with a new price target

      Morgan Stanley initiated coverage of AerCap with a rating of Equal-Weight and set a new price target of $103.00

      6/7/24 7:23:39 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary

    $AER
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by AerCap Holdings N.V.

      SC 13G/A - AerCap Holdings N.V. (0001378789) (Subject)

      11/14/24 4:14:32 PM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by AerCap Holdings N.V.

      SC 13G/A - AerCap Holdings N.V. (0001378789) (Subject)

      11/8/24 10:34:33 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary
    • SEC Form SC 13G filed by AerCap Holdings N.V.

      SC 13G - AerCap Holdings N.V. (0001378789) (Subject)

      2/14/24 4:08:34 PM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary

    $AER
    Financials

    Live finance-specific insights

    See more
    • AerCap Holdings N.V. Announces Filing of Interim Financial Report for the First Quarter of 2025

      DUBLIN, April 30, 2025 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE:AER) today announced it has filed an interim financial report including its unaudited condensed consolidated financial statements and notes for the first quarter ended March 31, 2025, with the U.S. Securities and Exchange Commission (the "SEC"). AerCap's Form 6-K can be accessed on the "Investors" section of the Company's website at www.aercap.com, as well as on the SEC's website at www.sec.gov. About AerCap AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet

      4/30/25 11:45:00 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary
    • AerCap Holdings N.V. Reports Strong Financial Results for the First Quarter 2025, Increases 2025 Guidance and Announces New $500 Million Share Repurchase Program

      Net income for the first quarter of 2025 was $643 million, or $3.48 per share.Adjusted net income for the first quarter of 2025 was $679 million, or $3.68 per share.Raising full-year 2025 adjusted earnings per share guidance to $9.30 - $10.30, not including any additional gains on sale for the remainder of the year.New $500 million share repurchase program announced.DUBLIN, April 30, 2025 /PRNewswire/ -- AerCap Holdings N.V. (NYSE:AER), the industry leader across all areas of aviation leasing, today reported strong financial results for the first quarter of 2025. "AerCap produced another strong performance for the first quarter of 2025. We continue to benefit from strong demand for our aviat

      4/30/25 7:00:00 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary
    • AerCap Holdings N.V. To Release First Quarter 2025 Financial Results on April 30, 2025

      DUBLIN, April 4, 2025 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE:AER) today announced it will host a conference call and webcast for investors and analysts on Wednesday, April 30, 2025 at 8:30 a.m. Eastern Time to review its first quarter 2025 financial results. AerCap's first quarter 2025 earnings press release will be released before financial markets open in the United States on April 30, 2025. A copy of the press release will be posted on the "Investors" section of AerCap's website at www.aercap.com. At the same time, the presentation slides for the conference call will also be posted on AerCap's website. The call can be accessed live by dialing (U.S./Canada)

      4/4/25 8:00:00 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary

    $AER
    SEC Filings

    See more
    • SEC Form 144 filed by AerCap Holdings N.V.

      144 - AerCap Holdings N.V. (0001378789) (Subject)

      5/2/25 9:05:04 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary
    • SEC Form 144 filed by AerCap Holdings N.V.

      144 - AerCap Holdings N.V. (0001378789) (Subject)

      5/1/25 7:44:59 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary
    • SEC Form 6-K filed by AerCap Holdings N.V.

      6-K - AerCap Holdings N.V. (0001378789) (Filer)

      4/30/25 11:21:09 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary

    $AER
    Leadership Updates

    Live Leadership Updates

    See more
    • AerCap Holdings N.V. Annual General Meeting Approves Appointment of New Non-Executive Board Member and Re-appointment of Five Non-Executive Directors Including the Chairman and Chief Executive Officer

      DUBLIN, April 16, 2025 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE:AER) today announced that its Annual General Meeting of Shareholders (AGM) held on April 16, 2025, appointed Victoria (Vicky) Jarman as Non-Executive Director to the Board of Directors (the "Board"), the re-appointment of the Chairman of the Board, Paul T. Dacier and the Company's Chief Executive Officer, Aengus Kelly, together with the re-appointment of Non-Executive Directors James Lawrence, Jennifer VanBelle and Michael Walsh. All appointments are with effect from the close of the Company's annual general meeting of shareholders in 2025 (the "2025 AGM") and are for a period of four years.  Richard (Michael) Grado

      4/16/25 5:47:00 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary
    • AerCap Announces Retirement of Philip Scruggs; Peter Anderson Assumes the role of Chief Commercial Officer

      DUBLIN, Feb. 1, 2021 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) announced today that Philip Scruggs, President and Chief Commercial Officer, will retire in March 2021 and that Peter Anderson will take over as Chief Commercial Officer. During his 26-year career with AerCap, Mr. Scruggs has held a number of positions within the company — lawyer, leasing executive, Chief Commercial Officer and President. Over the past 10 years, he has led the commercial business of the company, managing a fleet of over 1,000 aircraft that has generated on average over $4 billion per year in revenue and purchasing over $27 billion of new equipment from Airbus, Boeing and Embr

      2/1/21 9:20:00 AM ET
      $AER
      Diversified Commercial Services
      Consumer Discretionary