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ALC prices $700m senior unsecured medium-term notes
Air Lease Corporation has tapped the capital markets again, pricing a $700 million offering of 5.30% senior unsecured medium-term notes due 2028. The sale of the notes is expected to close on January 13, 2023. ALC intends to use the net proceeds of the offering for general corporate purposes, which may include purchasing aircraft. Citi, Fifth Third Securities, Lloyds Securities, RBC Capital Markets, and Santander are acting as joint bookrunners.
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