Aercap Holdings (AER) has released an update.
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AerCap Holdings N.V. has announced a redemption of all its outstanding $750 million 5.875% Fixed-Rate Reset Junior Subordinated Notes due 2079, at a total redemption price of $772,031,250, including accrued interest. This redemption is scheduled for October 10, 2024, and requires note holders to surrender their notes to Wilmington Trust, National Association to receive payment. The company’s action reflects financial management strategies that may interest investors and market watchers.
For further insights into AER stock, check out TipRanks’ Stock Analysis page.