Skip to main content

Market Overview

Air Lease Corporation Announces 8M Share Secondary Offering


Air Lease Corporation (NYSE: AL) (the “Company”) today announced the
commencement of an underwritten public offering, subject to market
conditions, of 8,000,000 shares of its Class A Common Stock by
affiliates of Ares Management LLC, Leonard Green & Partners, L.P. and WL
Ross & Co. LLC. The underwriters are expected to be granted a 30-day
option from the date of the offering to purchase up to an additional
1,200,000 shares of Class A Common Stock from the selling stockholders.
The Company is not selling any shares of Class A Common Stock in the
offering and will not receive any proceeds from the sale. The total
number of shares of the Company's Class A Common Stock outstanding will
not change as a result of this offering.

See full press release


Related Articles (AL)

View Comments and Join the Discussion!

Posted-In: News Guidance Offerings Contracts Management Global

Need corporate guidance data?
Click here to see licensing options.
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.
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