August 20, 2012
AerCap Holdings N.V. purchases 10 million shares held by Cerberus
AerCap Holdings N.V. purchased 10 million ordinary shares in AerCap held by Cerberus Capital Management, L.P. through its affiliate, Fern S.a.r.l. in a privately negotiated transaction today. The aggregate purchase price for 10 million ordinary shares is $120m which represented a discount of $0.09 per share from the $12.09 closing price of the ordinary shares on the New York Stock Exchange on Friday, August 17, 2012. After this transaction, Cerberus remains a holder of more than 10% of AerCap’s outstanding ordinary shares. This purchase is in addition to the previously announced repurchase program pursuant to which AerCap may purchase up to $200m of its ordinary shares prior to June 30, 2013. As of August 20, 2012, up to approximately $104m in additional shares may be purchased under this program.
