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AIG preps sale of AerCap stake

Mar. 31, 2015 11:52 AM ETAerCap Holdings N.V. (AER) StockAIG, AERBy: Stephen Alpher, SA News Editor12 Comments
  • According to a filing from AerCap (AER -1.4%), AIG will sell its remaining 97.6M shares in the company (a 46% stake) at a maximum price of $43.74 each.
  • AIG, of course, obtained the stake through its sale of ILFC to AerCap last year.
  • For AerCap, the sale will remove a sizable overhang on the stock. For AIG, the $4B-plus raised will be nice firepower for buybacks.
  • SEC Form F-3ASR

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