Convertibles Calendar: Air Lease to price $300 million convertibles

November 15

AIR LEASE CORP. (NYSE: AL): $300 million seven-year convertible notes; pricing seen late Nov. 15; via J.P. Morgan Securities LLC, Nomura, Barclays Capital Inc. and Citigroup Capital Markets Inc.; $45 million greenshoe; talked to yield 3.875%, up 35%, at 99 to par (revised from 2.875% to 3.375%, up 33.5% to 38.5%); Rule 144A; non-callable; no puts; proceeds to fund acquisition of commercial aircraft and for general corporate purposes; Los Angeles-based aircraft leasing company.

International Calendar

November 22

AUSTRALIAN FOUNDATION INVESTMENT CO. (Australia: AFI): A$200 million five-year convertible notes; to yield 6.25%, up 25% over VWAP; possible A$100 million upsize; shareholder priority through Dec. 12; pricing set for Dec. 19; notes mature Feb. 28, 2017; Melbourne-based investment company.

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