AerCap receives $100 million credit line

By Associated Press
June 27, 2008 | Comments (0)

Recs

0

AerCap Holdings NV, which leases, trades and sells parts of aircraft and engines, said Friday it signed a deal for a new $100 million credit line to buy engines.

The credit facility will allow AerCap to purchase engines as part of its plan to expand its long-term engine leasing business.

The lending facility has a term of two years, with a three-year option.

A group of four banks from the U.S. and Germany provided the funding for the credit line

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 674011, ~/Articles/ArticleHandler.aspx, 11/9/2009 2:13:48 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

The Must-Read Story on Fool.com
Which Companies Can Buy It Like Buffett?

By The Motley Fool

Which Companies Can Buy It Like Buffett?

Related Tickers

11/6/2009 4:03 PM
AER $8.83 Down -0.07 -0.79%
AerCap Holdings N.… CAPS Rating: *****

Community: Investing Wiki

Term Of The Hour

Speculation: Speculation is a risky bet that could have a large payoff if it works out. The speculative investor attempts to profit from the price fluctuations of real estate, commodities, stocks, or any other type of investment that stands to churn out a profit.

Want to learn more or edit this definition?
Click here to read more!