Air lease corporation announces $2.0 billion commercial paper program

Los angeles--(business wire)--air lease corporation (nyse: al) (the “company”) announced today the establishment of its commercial paper program (the “program”). under the terms of the program, the company may issue from time to time short-term, unsecured commercial paper notes (the “notes”) under the exemption from registration contained in section 4(a)(2) of the securities act of 1933, as amended (the “securities act”). amounts available under the program may be borrowed, repaid and re-borrow.
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