Air Lease Corporation (ALC) has priced an offering of $76.53 million of 1.617% secured notes due 2024 guaranteed by the Export-Import Bank of the United States (Ex-Im Bank). The sale of the Notes is expected to close on March 11, 2013, subject to satisfaction of customary closing conditions. The Notes will mature on August 15, 2024 and will bear interest at a rate of 1.617% per annum, payable quarterly in arrears on February 15, May 15, August 15 and November 15 of each year, commencing on May 15, 2013. The Company intends to use the proceeds of the offering to

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