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Moody's upgrades ratings on AerCap Holdings

Moody's has upgraded the corporate family and senior unsecuredratings of AerCap Holdings NVto Ba1 from Ba2.

The outlook is stable. Moody's had placed AerCap's ratings onreview for upgrade March3, and this latest ratings action concludes that review.

Moody's said the upgrade reflects AerCap's decreased leverage,stronger liquidity and better-than-expected operating performance in 2015.