AerCap has a long term, robust capital structure in place which is financed by a globally diverse lending group. At the end of Q1 2019, AerCap had over ~120 banking relationships providing circa $29.5bn of secured, unsecured and subordinated financing to the group. These lenders form an important role in the continued success of the company.
| Debt Facility | Amount Outstanding at March 31, 2019 USD $ million |
Final Maturity |
| Unsecured | ||
| Senior Unsecured Notes | 16,750 | 2028 |
| Other Unsecured Debt | 1,416 | 2023 |
| Fair value adjustment | 177 | NA |
| Total Unsecured | 18,316 | - |
| Secured | ||
| Export Credit Facilities | 802 | 2030 |
| Institutional Secured Term Loans & Secured Portfolio Loans | 7,773 | 2030 |
| AerFunding Revolving Credit Facility | 919 | 2022 |
| Other Secured Debt | 1,574 | 2036 |
| Fair value adjustment | -2 | NA |
| Total Secured | 11,056 | - |
| Subordinated | ||
| ECAPS Subordinated Notes | 1,000 | 2065 |
| Junior Subordinated Notes | 500 | 2045 |
| Subordinated Debt Joint Ventures Partners | 48 | 2020 |
| Total Subordinated | 1,548 | - |
| Debt Issuance Costs | -161 | NA |
| Total | 30,759 | - |