Air Lease has disclosed pricing for a $600 million issue of unsecured senior notes.
The US lessor says the five-year notes, which mature in 2022, carry an interest rate of 2.625%. The deal will close on June 12.
Citi, Goldman Sachs, JP Morgan and SunTrust Robinson Humphrey are acting as joint bookrunning managers.
The proceeds of the issue will be used for general corporate purposes, including aircraft purchases and debt repayment.
Source: Cirium Dashboard
Proposals from defence start-up Anduril and uncrewed aircraft pioneer General Atomics were selected from a pool of submissions by five aerospace manufacturers to develop autonomous fighter jets for the US Air Force’s Collaborative Combat Aircraft programme.
Asked to explain what qualities he would like to see in the next chief executive of Boeing, outgoing CEO Dave Calhoun hints at personally favouring an internal candidate to guide the company into its next era.
Boeing is providing a $425 million advance payment to Spirit AeroSystems in an attempt to steady its embattled supplier in the short term.
