Air Lease Corporation upsized pricing of $500m of Senior Notes due 2017

Air Lease Corporation released that due to market demand, it has priced and upsized to $1.0bn its offering of 5.625% senior notes due 2017  in an offering exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The offering was upsized to $1.0bn from a previously announced offering size of $500m. The Notes are being sold only to qualified institutional buyers and non-U.S. persons outside of the United States in reliance upon Rule 144A and Regulation S, respectively, under the Securities Act. The sale of the Notes is expected to close on March 16, 2012, subject to satisfaction of customary closing conditions.