AerCap has a long term, robust capital structure in place which is financed by a globally diverse lending group. At the end of Q4 2020, 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 December 31, 2020 USD $ million |
Final Maturity |
| Unsecured | ||
| Senior Unsecured Notes | 13,996 | 2028 |
| Other Unsecured Debt | 1,759 | 2023 |
| Fair value adjustment | 22 | NA |
| Total Unsecured | 15,777 | - |
| Secured | ||
| Export Credit Facilities | 1,024 | 2032 |
| Institutional Secured Term Loans & Secured Portfolio Loans | 6,990 | 2032 |
| AerFunding Revolving Credit Facility | 2,075 | 2025 |
| Other Secured Debt | 778 | 2038 |
| Fair value adjustment | -2 | NA |
| Total Secured | 10,865 | - |
| Subordinated | ||
| Subordinated Notes | 2,250 | 2079 |
| Subordinated Debt Issued by Joint Ventures | 44 | 2023 |
| Total Subordinated | 2,294 | - |
| Debt Issuance Costs and Debt Discounts | -193 | NA |
| Total | 28,742 | - |