AL - Air Lease closes $400M term loan facility
- Air Lease ( NYSE: AL ) said Friday it closed a new $400M unsecured term loan facility with a final maturity in 2027.
- Proceeds will be used for general corporate purposes.
- "Coupled with our $700M fixed-rate senior unsecured notes offering which closed earlier this week, this transaction further bolsters Air Lease's ( AL ) liquidity profile at cost efficient rates," said Daniel Verwholt, SVP & treasurer.
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Air Lease closes $400M term loan facility