Air Lease Corporation (ALC) launched its $2bn commercial paper programme on January 21, 2025. The programme will allow the company to issue up to $2bn in short-term, unsecured notes.
The notes will be sold in the US and rank at least pari passu with ALC's other unsecured and unsubordinated debt.
The net proceeds from the notes offered under the programme will be used for general corporate purposes, including the purchase of commercial aircraft and the repayment of its existing debt.
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