- Air Lease ( NYSE: AL ) prices its public offering of $700M aggregate principal amount of 5.30% senior unsecured medium-term notes due February 1, 2028.
- The sale of the notes is expected to close on January 13, 2023.
- The notes will mature on February 1, 2028 and will bear interest at a rate of 5.30% per annum, payable semi-annually in arrears on February 1 and August 1 of each year, commencing on August 1, 2023.
- The company intends to use the net proceeds of the offering for general corporate purposes.
For further details see:
Air Lease prices $700M senior unsecured medium-term notes