Air Lease Announced The Closing Of Its Previously Announced Offering Of €600M Aggregate Principal Amount Of 3.70% Senior Unsecured Medium-term Notes Due April 15, 2030
Portfolio Pulse from Benzinga Newsdesk
Air Lease Corporation has successfully closed its offering of €600 million in 3.70% senior unsecured medium-term notes, which are due on April 15, 2030. This financial move could impact the company's stock in the short term.

March 28, 2024 | 10:39 am
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Air Lease Corporation's successful closure of a €600 million offering in senior unsecured notes could provide financial flexibility and potentially improve its credit profile.
The successful closure of the offering provides Air Lease with additional capital, which can be used for general corporate purposes, including aircraft purchases and debt refinancing. This influx of capital could be viewed positively by investors, as it may enhance the company's financial stability and growth prospects. However, the impact on the stock price will also depend on market conditions and investor perceptions of the company's long-term strategy.
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