ALC increases senior unsecured revolving credit facility to $7.7bn

Air Lease Corporation (ALC) has amended and extended its senior unsecured revolving credit facility with JPMorgan Chase Bank as administrative agent whereby the company extended the final maturity date of the facility from May 5, 2027, to May 5, 2028, and amended the total revolving commitments to approximately $7.8 billion from $7.4 billion across 52 financial institutions as of May 5, 2024. “This revolving credit facility remains a key component of our funding strategy, and its continued expansion reflects the strength of ALC’s platform and credit metrics,” said ALC executive vice president and chief financial officer Gregory Willis. “We would