An announcement from Air Lease (AL) is now available.
Air Lease Corporation successfully extended and amended its unsecured revolving credit facility, now set to mature in May 2028 with a total commitment of approximately $7.8 billion. This financial maneuver involves a network of 52 institutions and ties interest rates to the Adjusted Term SOFR Rate plus a margin. The extension reflects the company’s strategic financial planning, with terms adjustable based on its credit ratings, and underscores ongoing business relationships with participating lenders.
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