AerCap has a long term, robust capital structure in place which is financed by a globally diverse lending group. At the end of Q3 2020, AerCap had over ~120 banking relationships providing over $31 billion 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 September 30, 2020 USD $ million |
Final Maturity |
| Unsecured | ||
| Senior Unsecured Notes | 16,457 | 2028 |
| Other Unsecured Debt | 1,759 | 2023 |
| Fair value adjustment | 28 | NA |
| Total Unsecured | 18,244 | - |
| Secured | ||
| Export Credit Facilities | 581 | 2032 |
| Institutional Secured Term Loans & Secured Portfolio Loans | 7,067 | 2030 |
| AerFunding Revolving Credit Facility | 2,176 | 2022 |
| Other Secured Debt | 911 | 2037 |
| Fair value adjustment | -2 | NA |
| Total Secured | 10,732 | - |
| Subordinated | ||
| Subordinated Notes | 2,250 | 2079 |
| Subordinated Debt Issued by Joint Ventures | 44 | 2023 |
| Total Subordinated | 2,293 | - |
| Debt Issuance Costs and Debt Discounts | -182 | NA |
| Total | 31,087 | - |