Air Lease Corporation Announces Closing of $400 Million Unsecured Term Loan Facility
09 Dezember 2022 - 10:38PM
Business Wire
Air Lease Corporation (NYSE: AL) today announced the closing of
a new $400 million unsecured term loan facility with a final
maturity in 2027. The proceeds of the loan will be used for general
corporate purposes.
Sumitomo Mitsui Trust Bank, Limited, New York Branch acted as
the Mandated Lead Arranger and Bookrunner on the transaction. In
addition to Sumitomo Mitsui Trust Bank, Limited, China Construction
Bank Corporation, New York Branch and Industrial and Commercial
Bank of China Limited, New York Branch acted as Mandated Lead
Arrangers and CaixaBank, S.A., Apple Bank for Savings and The
Chugoku Bank, Ltd. served as Participants.
“We are pleased to announce the successful closing of this $400
million unsecured term loan facility supported by a syndicate of
global banking partners across Asia, Europe and North America,”
said Daniel Verwholt, Senior Vice President & Treasurer of Air
Lease Corporation. “The transaction provides a diversified source
of financing for ALC and further reflects the depth of our banking
relationships. We thank the lenders for their support and long-term
confidence in ALC. Coupled with our $700 million fixed-rate senior
unsecured notes offering which closed earlier this week, this
transaction further bolsters ALC’s liquidity profile at cost
efficient rates.”
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, including expected delivery dates. Such statements are based
on current expectations and projections about our future results,
prospects and opportunities and are not guarantees of future
performance. Such statements will not be updated unless required by
law. Actual results and performance may differ materially from
those expressed or forecasted in forward-looking statements due to
a number of factors, including those discussed in our filings with
the Securities and Exchange Commission.
About Air Lease Corporation (NYSE: AL)
Air Lease Corporation is a leading global aircraft leasing
company based in Los Angeles, California that has airline customers
throughout the world. ALC and its team of dedicated and experienced
professionals are principally engaged in purchasing new commercial
aircraft and leasing them to its airline customers worldwide
through customized aircraft leasing and financing solutions. The
company routinely posts information that may be important to
investors in the “Investors” section of its website at
www.airleasecorp.com. Investors and potential investors are
encouraged to consult Air Lease Corporation’s website regularly for
important information. The information contained on, or that may be
accessed through, ALC’s website is not incorporated by reference
into, and is not a part of, this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20221209005580/en/
Investors: Jason Arnold Vice President, Investor Relations
Email: investors@airleasecorp.com
Media: Laura Woeste Senior Manager, Media and Investor Relations
Email: press@airleasecorp.com
Ashley Arnold Manager, Media and Investor Relations Email:
press@airleasecorp.com
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