Air lease corporation extends $7.2 billion senior unsecured revolving credit facility

Los angeles--(business wire)--air lease corporation (nyse: al) amended and extended its senior unsecured revolving credit facility with jpmorgan chase bank, n.a., as administrative agent whereby the company extended the final maturity date of the facility from may 5, 2026 to may 5, 2027 and amended the total revolving commitments to approximately $7.2 billion across 49 financial institutions as of may 5, 2023. the senior unsecured revolving credit facility accrues interest at adjusted term sofr.
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