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Air Lease Corporation Announces Pricing of Public Offering of $1.2 Billion of Unsecured Senior Notes

AIR LEASE (AL)  More Company Research Source: Business Wire
Last air lease earnings: 11/8 04:00 pm Check Earnings Report
US:NYSE Investor Relations: airleasecorp.com/investors
PDF LOS ANGELES--(BUSINESS WIRE)-- Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on September 10, 2018 of its public offering of $700 million aggregate principal amount of 3.500% unsecured senior notes due 2022 (the “2022 Notes”) and $500 million aggregate principal amount of 4.625% unsecured senior notes due 2028 (the “2028 Notes” and, together with the 2022 Notes, the “Notes”) . The sale of the Notes is expected to close on September 17, 2018, subject to satisfaction of customary closing conditions. The 2022 Notes will mature on January 15, 2022 and will bear interest at a rate of 3.500% per annum, payable semi-annually in arrears on January 15 and July 15 of each year, commencing on January 15, 2019. The 2028 Notes will mature on October 1, 2028 and will bear interest at a rate of 4.625% per annum, payable semi-annually in arrears on April 1 and October 1 of each year, commencing [Read more]

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