ALC announces secondary offering of Class A Common Stock

Air Lease Corporation (ALC) has launched 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