Air Lease raises revolver to $6.4 billion, extends to 2025

Chicago, April 29 – Air Lease Corp. amended and extended its senior revolving credit facility with JPMorgan Chase Bank, NA as administrative agent, according to a press release.

The company lifted commitments to $6.4 billion from $6.2 billion, across 50 financial institutions.

Additionally, the maturity was moved to May 5, 2025 from May 5, 2023.

Pricing remains at Libor plus 105 basis points with a 20 bps facility fee, based on credit ratings.

Air Lease is a Los Angeles aircraft leasing company.

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