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Air Lease Secures $966.5 Million Term Loan Facility
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Air Lease Secures $966.5 Million Term Loan Facility

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Air Lease ( (AL) ) has provided an announcement.

Air Lease Corporation has closed a $966.5 million unsecured term loan facility maturing in December 2027, with proceeds aimed at financing working capital and general corporate purposes. This transaction, supported by a syndicate of global banking partners, highlights the company’s robust banking relationships and provides a diversified source of financing, reinforcing its industry positioning.

More about Air Lease

Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California. The company is engaged in purchasing new commercial aircraft and leasing them to airline customers worldwide through customized leasing and financing solutions.

YTD Price Performance: 19.18%

Average Trading Volume: 680,719

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.47B

See more insights into AL stock on TipRanks’ Stock Analysis page.

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