Skip to main content

Market Overview

Air Lease Announces Offering of $400M in Senior Unsecured Notes

Share:

Air Lease Corporation (NYSE: AL) (the “Company”) today announced that it intends to commence a public offering of $400.0 million in aggregate principal amount of senior unsecured notes due 2020 (the “Notes”). The interest rate and other terms of the Notes will be determined at the time of the pricing of the offering and will depend on market and other conditions.

The Company intends to use the proceeds of the offering to fund the acquisition of commercial aircraft and for other general corporate purposes, including reducing outstanding obligations under one of its revolving credit facilities.

 

Related Articles (AL)

View Comments and Join the Discussion!

Posted-In: News Offerings

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com