(AOF) – AerCap Holdings NV announced the pricing of a secondary offering of 26.7 million shares of its common stock by GE Capital US Holdings, Inc., a wholly owned subsidiary of General Electric, at a price to the public of $65.25 . Additionally, the Selling Stockholder has granted the underwriters a 30-day option to purchase up to 4 million additional shares of Selling Stockholder’s common stock. If the underwriters exercise the option in full, General Electric Company will cease to be a shareholder.
AerCap will not receive any proceeds from the sale of the common stock. In connection with the secondary offering, AerCap will repurchase 7,859,163 of its common shares from the underwriters at a price per common share equal to $63.62.
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