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Stock impact report

Air Lease Corporation Announces Pricing of Public Offering of $750.0 Million of 0.70% Senior Unsecured Medium-Term Notes

Air Lease Corporation Class A (AL) 
Last air lease corporation class a earnings: 2/14 04:05 pm Check Earnings Report
US:NYSE Investor Relations: airleasecorp.com/investors
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on January 19, 2021 of its public offering of $750.0 million aggregate principal amount of 0.70% senior unsecured medium-term notes due February 15, 2024 (the “Notes”). The sale of the Notes is expected to close on January 26, 2021, subject to satisfaction of customary closing conditions.The Notes will mature on February 15, 2024 and will bear interest at a rate of 0.70% per annum, payable semi-annually in arrears on February 15 and August 15 of each year, commencing on August 15, 2021. The Company intends to use the net proceeds of the offering for general corporate purposes, which may include, among other things, the purchase of commercial aircraft and the repayment of existing indebtedness.Citigroup Global Markets Inc., Fifth Third Securities, Inc., Santander Investment Securities Inc. and SG Americas Securities, LLC are acting as joint book-running managers for the offering of Show less Read more
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