DECLINERS:

AerCap Holdings N.V. (AER: chart) Monday priced its initial public offering of 26.1 million shares shares at $23 per share, within the forecast range of $22 to $24. The offering represents 31% stake in the company and is worth $600.3 million.

The offering includes 6.8 million shares sold by the company and 19.3 million shares sold by selling shareholders.

Morgan Stanley, Goldman Sachs, Lehman Brothers and Merrill Lynch were the underwriters for the offering.

The selling shareholders have granted to the underwriters an option to purchase up to 3.9 million additional shares to cover excess demand.

The Schiphol Airport-based company sells, leases and trades engines and engine parts around the world.

The company’s shares closed at $22.95 per share on Friday, down 1% from the IPO price.

IPO CALENDAR – week of November 27th

Mexican airport operator Grupo Aeroportuario del Centro Norte (OMAB: chart) plans to offer 10.7 million American depositary shares within a price range of $14.50 to $16.50 a share, in a bid to raise $198 million. Citigroup will be the manager of the deal.

DRAM memory subsystem designer Netlist (NLST: chart) plans to offer 6.3 million shares within a price range of $7 to $9 a share, with stockholders selling 719,000 shares, in a bid to raise $65 million. Thomas Weisel Partners will be the lead underwriter on the deal.