Simpson Thacher represented the underwriters, led by Citigroup Global Markets Inc., J.P. Morgan Securities LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC, in connection with the public offering by Air Lease Corporation (“Air Lease”) of $600 million aggregate principal amount of 0.8% Medium-Term Notes, Series A, due August 18, 2024 and $500 million aggregate principal amount of 2.1% Medium-Term Notes, Series A, due September 1, 2028. 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, Jonathan Kachiu and Grace Bowers (Corporate); Jonathan Cantor (Tax); and Andrew Pagliughi (Blue Sky).