AerCap has completed the upsizing and extension of its $600 million unsecured revolving credit facility.

The new facility size is $950 million and comprises a four-year revolving period, says the lessor.

CTBC Bank, DBS Bank and First Abu Dhabi Bank acted as co-ordinators. Citi acted as facility agent.

"We are very pleased with the successful closing of this valuable facility that continues to provide us with ongoing committed liquidity at improved terms and supports the growth of our business," states AerCap group treasurer Brian Canniffe. "We are pleased to welcome new lenders to the AerCap group together with the continued support and confidence of our existing banking partners."

Source: Cirium Dashboard