Air Lease Corp.

O’Melveny represented client Air Lease, an aircraft leasing company, in a series of major financing transactions within a single year—three public offerings of debt, raising aggregate gross proceeds of US$1.85 billion; a US$100 million private placement of notes; establishment of a private shelf facility; and an amendment and extension to Air Lease’s unsecured revolving credit facility. Air Lease intends to use the net proceeds from each offering for general corporate purposes. These transactions are critical not only to Air Lease’s continued operations but also to Air Lease’s ability to improve its investment grade rating, as rating agencies closely monitor issuers’ abilities to issue debt to a variety of investor bases.