Air Lease’s $700 Million Medium-Term Notes Offering


Simpson Thacher represented the underwriters, led by BMO Capital Markets Corp., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and SunTrust Robinson Humphrey, Inc., in connection with the public offering by Air Lease Corporation of $700 million aggregate principal amount of 4.25% Medium-Term Notes, Series A, due February 1, 2024.

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 (Picture), Dan Webb, Ryan Coombs, Jay Higdon and Jonathan Kachiu (Corporate); Katharine Moir (Tax); and Andrew Pagliughi (Blue Sky).

Involved fees earner: Ryan Coombs – Simpson Thacher & Bartlett; Jay Higdon – Simpson Thacher & Bartlett; Jonathan Kachiu – Simpson Thacher & Bartlett; Katharine Moir – Simpson Thacher & Bartlett; Arthur Robinson – Simpson Thacher & Bartlett; Daniel Webb – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: BMO Capital Markets; J.P. Morgan Securities LLC; Merrill Lynch, Pierce, Fenner & Smith Incorporated; SunTrust Robinson Humphrey, Inc.;

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Author: Ambrogio Visconti