Air Lease Corporation Announces Public Offering of $400.0 Million of Senior Unsecured Notes Due 2020

Tue Jan 29, 2013 8:04am EST

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LOS ANGELES--(Business Wire)--
Air Lease Corporation (NYSE: AL) (the "Company") today announced that it intends
to commence a public offering of $400.0 million in aggregate principal amount of
senior unsecured notes due 2020 (the "Notes"). The interest rate and other terms
of the Notes will be determined at the time of the pricing of the offering and
will depend on market and other conditions. 

The Company intends to use the proceeds of the offering to fund the acquisition
of commercial aircraft and for other general corporate purposes, including
reducing outstanding obligations under one of its revolving credit facilities. 

BofA Merrill Lynch, Deutsche Bank Securities, J.P. Morgan, BMO Capital Markets,
Citigroup, Credit Suisse Securities, RBC Capital Markets, RBS, and Wells Fargo
Securities are acting as joint book-running managers for the offering of the
Notes. 

The Notes are being offered pursuant to an effective shelf registration
statement that the Company previously filed with the Securities and Exchange
Commission (the "SEC"). The offering of the Notes will be made only by means of
a prospectus supplement and accompanying base prospectus, which may be obtained
for free by visiting EDGAR on the SEC`s website at www.sec.gov. Alternatively,
copies may be obtained from: BofA Merrill Lynch, 222 Broadway, 11th Floor, New
York, NY 10038, Attention: Prospectus Department, or email:
dg.prospectus_requests@baml.com. 

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of the Notes, in any jurisdiction
in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction. 

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including statements
relating to the Company`s intent to offer the Notes and the anticipated terms of
the offering. Such statements are based on current expectations and projections
about our future results, prospects and opportunities and are not guarantees of
future performance. Such statements will not be updated unless required by law.
Actual results and performance may differ materially from those expressed or
forecasted in forward-looking statements due to a number of factors, including
those discussed in our filings with the Securities and Exchange Commission.

Air Lease Corporation
Investors:
Ryan McKenna, 310-553-0555
Assistant Vice President, Strategic Planning and Investor Relations
rmckenna@airleasecorp.com
or
Media:
Laura St. John, 310-553-0555
Media and Investor Relations Coordinator
lstjohn@airleasecorp.com

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