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Air Lease Announces Closing of $966.5 Million Unsecured Term Loan Facility
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Air Lease Announces Closing of $966.5 Million Unsecured Term Loan Facility
Dec 16, 2024 4:42 AM

07:24 AM EST, 12/16/2024 (MT Newswires) -- Air Lease ( AL ) announced Monday the closing of a new $966.5 million unsecured term loan facility that matures in December 2027.

The company said the proceeds of the loan will be used to finance working capital for it and its subsidiaries, as well as for general corporate purposes.

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