Simpson Thacher represented the underwriters, led by BMO Capital Markets Corp., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Truist Securities, Inc., in connection with the public offering by Air Lease Corporation (“Air Lease”) of $1.2 billion aggregate principal amount of 1.875% Medium-Term Notes, Series A, due August 15, 2026. 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, Jonathan Kachiu and Bori Celia Ha (Corporate); Jonathan Cantor (Tax); and Andrew Pagliughi (Blue Sky).