Air Lease Corporation Announces Pricing of Public Offering of $700.0 Million of Senior Unsecured Medium-Term Notes
Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on January 9, 2023 of its public offering of $700.0 million aggregate principal amount of 5.30% senior unsecured medium-term notes due February 1, 2028 (the “Notes”).
- Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on January 9, 2023 of its public offering of $700.0 million aggregate principal amount of 5.30% senior unsecured medium-term notes due February 1, 2028 (the “Notes”).
- The sale of the Notes is expected to close on January 13, 2023, subject to satisfaction of customary closing conditions.
- The Company intends to use the net proceeds of the offering for general corporate purposes, which may include, among other things, the purchase of commercial aircraft and the repayment of existing indebtedness.
- Citigroup Global Markets Inc., Fifth Third Securities, Inc., Lloyds Securities Inc., RBC Capital Markets, LLC and Santander Investment Securities Inc. are acting as joint book-running managers for the offering of the Notes.