AerCap Holdings N.V. ("AerCap") (NYSE: AER) today announced that AerCap Holdings N.V. and certain of its subsidiaries ("We," or "AerCap") are party to a $4.0 billion unsecured revolving credit facility with a syndicate of financial institutions that matures in February 2024.

On March 12, 2020, we provided a borrowing notice to the lenders with respect to the remaining available amount under this facility.

Aengus Kelly, CEO of AerCap, said, "We have decided to take this action as a precautionary measure, given recent market volatility. As I said earlier this week at an industry conference, AerCap continues to maintain a strong liquidity and financial position, with $28.2 billion of unencumbered assets and $8.2 billion of available liquidity as of December 31, 2019."