Aercap Holdings made the purchase at an aggregate $0.09 per share discount on the company’s $12.09 closing price on August 17.
Cerberus continues to hold more than 10 per cent of AerCap’s outstanding ordinary shares following the transaction.
AerCap’s buyback follows a previously announced programme under which AerCap can purchase up to $200m of ordinary shares before June 30 next year.
The company said up to $104m in additional shares were available for it to purchase under that programme as of August 20.
Cerberus Institutional Partners Series V is targeting a final close of $3.75bn, around half of the commitments secured for the fund’s 2007 vintage predecessor.
Cerberus had initially set a target of $4bn for CIPIV but managed to double commitments on the back of exceptional investor demand, eventually closing on $7.5bn.
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