Air Lease Corporation Announces Pricing of $300 Million Offering of Preferred Stock
LOS ANGELES, California, October 5, 2021 – Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing today of its public offering of 300,000 shares (the “Shares”) of 4.125% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (the “Series C Preferred Stock”), with a liquidation preference of $1,000.00 per share. The sale of the Shares is expected to close on October 13, 2021, subject to satisfaction of...