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Air Lease Corp (AL) PT Raised to $39 at Citi

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Air Lease (AL) Prices $250M Preferred Share Offering

February 27, 2019 5:50 AM EST

Air Lease Corporation (NYSE: AL) (the Company) announced the pricing today of its public offering of 10,000,000 shares (the Shares) of 6.150% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share (the Series A Preferred Stock), with a liquidation preference of $25.00 per share, at a price to the public of $25.00 per share before underwriting commissions and transaction expenses. The sale... More