ALC announces $1.1 Billion of senior unsecured medium-term notes

Air Lease Corporation (ALC) has announced its public offering of $600 million aggregate principal amount of 2.250% senior unsecured medium-term notes due January 15, 2023 and $500 million aggregate principal amount of 3.250% senior unsecured medium-term notes due October 1, 2029.  The sale of the Notes is expected to close on September 16, 2019, subject to satisfaction of customary closing conditions. ALC has been assigned a senior unsecured rating of A- with stable outlook for two–part medium-term notes by Kroll Bond Rating Agency (KBRA). ALC intends to use the proceeds for general corporate purposes, which may include the purchase of