Air Lease Corp. to raise $700m for aircraft purchases
US lessor Air Lease Corp. will raise $700m through a public offering, which may be used for commercial aircraft purchases. On Wednesdaty, ALC said it will be issuing $700m of senior unsecured medium-term notes, with an interest rate of 4.25%, maturing on Feb. 1, 2024. “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,” ALC said. ALC said the sale of the notes is expected to close on Jan. 23, subject to normal conditions.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-01-18/general/air-lease-corp-to-raise-700m-for-aircraft-purchases
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Air Lease Corp. to raise $700m for aircraft purchases
US lessor Air Lease Corp. will raise $700m through a public offering, which may be used for commercial aircraft purchases. On Wednesdaty, ALC said it will be issuing $700m of senior unsecured medium-term notes, with an interest rate of 4.25%, maturing on Feb. 1, 2024. “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,” ALC said. ALC said the sale of the notes is expected to close on Jan. 23, subject to normal conditions.<br/>
