AerCap has a long term, robust capital structure in place which is financed by a globally diverse lending group. At the end of Q1 2021, AerCap had over ~120 banking relationships providing over $28 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 March 31, 2021 USD $ million |
Final Maturity |
| Unsecured | ||
| Senior Unsecured Notes | 14,452 | 2028 |
| Other Unsecured Debt | 1,717 | 2023 |
| Fair value adjustment | 17 | NA |
| Total Unsecured | 16,186 | - |
| Secured | ||
| Export Credit Facilities | 1,174 | 2033 |
| Institutional Secured Term Loans & Secured Portfolio Loans | 6,850 | 2032 |
| AerFunding Revolving Credit Facility | 1,519 | 2025 |
| Other Secured Debt | 741 | 2038 |
| Fair value adjustment | -2 | NA |
| Total Secured | 10,282 | - |
| Subordinated | ||
| Subordinated Notes | 2,250 | 2079 |
| Subordinated Debt Issued by Joint Ventures | 44 | 2023 |
| Total Subordinated | 2,294 | - |
| Debt Issuance Costs and Debt Discounts | (209) | NA |
| Total | 28,553 | - |