AIG To Sell 50 Mln Shares Of AerCap

(RTTNews) - AerCap Holdings N.V. (AER) announced that American International Group Inc. (AIG), the beneficial owner of 46% of AerCap's ordinary shares outstanding as of March 31, 2015, has informed AerCap of AIG's intention to sell 50 million ordinary shares, or 51% of its AerCap holdings, through an underwritten public offering.

AerCap announced the launch of an underwritten secondary offering by AIG of 50 million AerCap ordinary shares, or 24% of AerCap's ordinary shares outstanding.

AerCap said it will not receive any proceeds from the sale of the ordinary shares offered. AIG has granted to the underwriters a 30-day option to purchase up to 7.50 million additional ordinary shares from the selling shareholder.