ALC prices $700million of senior unsecured medium-term notes

Lauren Eldershaw
By Lauren Eldershaw January 18, 2019 14:30

ALC prices $700million of senior unsecured medium-term notes

Air Lease Corporation (ALC) has priced a public offering of $700 million senior unsecured medium-term notes, due 2024, at 4.250%. The sale is expected to close on January 23, 2019. Proceeds will be used for general business reasons, including the purchase of commercial aircraft and the repayment of current indebtedness.

Capital Markets Corp, JPMorgan, Merrill Lynch and SunTrust are bookrunners.

Lauren Eldershaw
By Lauren Eldershaw January 18, 2019 14:30