Air Lease Corporation Issues $120 Million in Unsecured Notes
LOS ANGELES, CA, June 7, 2011 – Air Lease Corporation (ALC) announced today that it has issued $120 Million in Senior Unsecured Notes in a private placement to institutional investors. The notes contain a 5% coupon for a 5-year term with a maturity of June 6, 2016.“The issuance of these notes sends a strong signal from the investment community about ALC’s stated goal of tapping unsecured financing to fund our future fleet acquisitions,”...