Air Lease Corporation Announces Pricing of Public Offering of $1.5 Billion of Senior Unsecured Medium-Term Notes
Source: Air Lease Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on January 5, 2022 of its public offering of $750.0 million aggregate principal amount of 2.20% senior unsecured medium-term notes due January 15, 2027 (the “2027 Notes”) and $750.0 million aggregate principal amount of 2.875% senior unsecured medium-term notes due January 15, 2032 (the “2032 Notes” and, together with the 2027 Notes, the “Notes”). The sale of the Notes is expected to close on January 12, 2022, subject to satisfaction of customary closing conditions. The 2027 Notes will mature on January 15, 2027 and will bear interest at a rate of 2.20% per annum, payable semi-annually in arrears on January 15 and July 15 of each year, [...]