Air Lease Corporation prices $700 million unsecured senior notes

Air Lease Corporation has priced its public offering of $700 million in aggregate principal amount of 3.375% unsecured senior notes due 2019. The five year notes will mature on January 15, 2019 and will bear interest at a rate of 3.375% per annum, payable semi-annually in arrears on January 15 and July 15 of each year, commencing on January 15, 2014. The notes were offered to the public at a price of 99.858% of par. The sale is expected to close on November 19, 2013. The Company intends to use the net proceeds of the offering for general corporate purposes,