Air Lease plans two-part sale of fixed-rate notes via 21 bookrunners

By Devika Patel

Knoxville, Tenn., Sept. 10 – Air Lease Corp. expects to price fixed-rate senior notes in two tranches, according to a 424B5 filed with the Securities and Exchange Commission.

The notes, due in 2022 and 2028, feature a make-whole call for the 2022 notes and a make-whole call until three months prior to maturity for the 2028 notes, and then a par call.

J.P. Morgan Securities LLC, Mizuho Securities USA Inc., MUFG, Wells Fargo Securities LLC, ABN Amro Inc., BMO Capital Markets Corp., BNP Paribas Securities Corp., BofA Merrill Lynch, Citigroup Global Markets Inc., Commonwealth Bank of Australia, Fifth Third Securities Inc., Goldman Sachs & Co., ICBC Standard Bank, KeyBanc Capital Markets Inc., Lloyds Securities, Loop Capital Markets LLC, Morgan Stanley & Co. LLC, RBC Capital Markets LLC, Regions Securities LLC, SunTrust Robinson Humphrey Inc. and TD Securities (USA) LLC are the bookrunners.

Bank ABC and Stifel, Nicolaus & Co. Inc. are the co-managers.

Proceeds will be for general corporate purposes, including purchasing commercial aircraft and debt repayment.

Air Lease is a Los Angeles-based aircraft leasing company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.