Wednesday, January 19, 2011

Air Lease to launch $100m IPO

AIRFINANCE JOURNAL ARTICLE – PAID SUBSCRIPTION REQUIRED FOR FULL ACCESS
Air Lease Corporation is to sell up to $100 million of Class A common stock to buy more commercial aircraft and for general corporate purposes. The aircraft lessor, based in Los Angeles, filed the proposal with the Securities and Exchange Commission (SEC) on January 14 2011.

JP Morgan, Credit Suisse and FBR Capital Markets are underwriting the issue.
ALC has purchase commitments to acquire......

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