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AerCap closes $700M credit facility

AerCapHoldings NV said April 7 that it closed a new $700 million securedcredit facility that will primarily be used to acquire new narrowbody andwidebody aircraft through the end of the year.

The facility was signed to finance a portfolio of nineaircraft and has a maturity date of December 2022.

The facility was coordinated by CTBC Bank Co. Ltd.,Development Bank of Japan, and DBS Bank Ltd., all of whom together with Bank ofTokyo-Mitsubishi UFJ, National Australia Bank, China Construction Bank, Bank ofEast Asia and The Tokyo Star Bank, acted as mandated lead arrangers.