AerCap completes sale of 20% stake to Waha Capital in exchange for certain aircraft leasing assets

AerCap Holdings N.V. ("AerCap", NYSE: AER) announced that today it has completed the transaction with Abu Dhabi-based investment holding company Waha Capital PJSC ("Waha", ADX: WAHA), which was previously announced on October 25, 2010. As part of this transaction, AerCap has sold a 20% stake in the company by issuing approximately 29.8 million new shares to Waha today. In exchange, AerCap has received $105 million in cash, Waha's 50% interest in the joint venture company AerVenture and a 40% interest in Waha's own 16-aircraft portfolio.