Published on 1/9/2023 in the Prospect News Investment Grade Daily.
New Issue: Air Lease sells $700 million 5.3% five-year senior notes
By Wendy Van Sickle
Columbus, Ohio, Jan. 9 – Air Lease Corp. priced a $700 million issue of 5.3% five-year senior notes on Monday, according to a news release.
The joint bookrunners were BofA Securities, Inc., Citigroup Global Markets Inc., Fifth Third Securities, Inc., Lloyds Securities Inc., RBC Capital Markets, LLC and Santander Investment Securities Inc.
Air Lease is a Los Angeles-based aircraft leasing company.
| Issuer: | Air Lease Corp.
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| Amount: | $700 million
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| Issue: | Senior notes
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| Maturity: | Feb. 1, 2028
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| Bookrunners: | Citigroup Global Markets Inc., Fifth Third Securities, Inc., Lloyds Securities Inc., RBC Capital Markets, LLC and Santander Investment Securities Inc.
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| Coupon: | 5.3%
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| Trade date: | Jan. 9
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| Settlement date: | Jan. 13
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