GE has sold the last of its shares in AerCap.
AerCap has completed the secondary public offering of 30,729,878 of its ordinary shares by GE Capital US Holdings, at a price to the public of $65.25 per ordinary share. AerCap exercised in full the option to purchase up to an additional 4,008,245 ordinary shares from GE.
As part of the secondary offering, AerCap purchased 7,859,163 ordinary shares from the underwriters at a price per ordinary share equal to $63.62. AerCap has not received any proceeds from the offering.
Goldman Sachs, Citigroup, Deutsche Bank, BNP Paribas, BofA Securities, JPMorgan, Credit Agricole CIB, Mizuho, MUFG and Société Générale acted as joint bookrunners for the secondary offering. BBVA, ING, UniCredit Capital Markets, Santander, Academy Securities, R. Seelaus, and Siebert Williams Shank acted as co-managers.