Munger Tolles Represents Air Lease in $1 Billion Senior Unsecured Notes Offering

Munger, Tolles & Olson corporate attorneys represented Air Lease Corp. (ALC) in its recent $1 billion offering of 5.625 percent senior unsecured notes due 2017. The offering was upsized from $500 million to $1 billion due to market demand. The sale of the notes closed on March 16.

ALC is an aircraft leasing company in the business of purchasing commercial aircraft and leasing them to its airline partners worldwide through customized leasing and financing solutions. Munger Tolles has represented ALC since its inception, providing guidance on a wide range of matters, including structuring, capital raising, governance, securities laws, executive compensation, financing and shareholder relationships. In 2010, the firm guided ALC in its initial $2.8 billion capital raise, consisting of $1.3 billion in equity financing and $1.5 billion in debt financing. Later, in 2011, Munger Tolles attorneys represented ALC in its initial public offering on the New York Stock Exchange under the symbol “AL.”

The Munger Tolles corporate team that represented ALC in this matter includes Mark H. Kim, Judith T. Kitano, Renee Delphin-Rodriguez and Anne Henry Lee.