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Air Lease Corporation secures credit facility in 'a significant step forward' for the lessor's capital structure
May 7th: Air Lease Corporation (ALC) has closed a three year, unsecured revolving credit facility in excess of $850 million priced at LIBOR +1.75%, with no LIBOR floor. With the closing of this facility, ALC has now raised over $1.2 billion in unsecured bank financing. This article is restricted to subscribers. To continue to read it, please follow one of the two options below:
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