Simpson Thacher represented the underwriters, led by BNP Paribas Securities Corp., BofA Securities, Inc., J.P. Morgan Securities LLC, NatWest Markets Securities Inc. (only with respect to the 2030 Notes) and Regions Securities LLC (only with respect to the 2026 Notes), in connection with the public offering by Air Lease Corporation ("Air Lease") of $750 million aggregate principal amount of additional 2.875% Medium-Term Notes, Series A, due January 15, 2026 and $750 million aggregate principal amount of 3.125% Medium-Term Notes, Series A, due December 1, 2030. 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 is an aircraft leasing company, principally engaged in purchasing commercial aircraft and leasing them to airlines around the world.
The Simpson Thacher team included Dan Webb, Ryan Coombs and Jonathan Kachiu (Corporate); Jonathan Cantor and Nicole Humphrey (Tax); and Andrew Pagliughi (Blue Sky).