Simpson Thacher represented the underwriters, led by BofA Securities, Inc., J.P. Morgan Securities LLC, MUFG Securities Americas Inc. and Wells Fargo Securities, LLC, in connection with the public offering by Air Lease Corporation of $850 million aggregate principal amount of 3.375% Medium-Term Notes, Series A, due July 1, 2025. The net proceeds of the offering will be used for general corporate purposes, which may include, among other things, the purchase of commercial aircraft and the repayment of existing indebtedness.
Air Lease Corporation is an aircraft leasing company, principally engaged in purchasing commercial aircraft and leasing them to airlines around the world.
The Simpson Thacher team included Art Robinson, Dan Webb, Ryan Coombs, Jay Higdon and Jonathan Kachiu (Corporate); and Andrew Pagliughi (Blue Sky).