Air Lease Corporation Completes Amendment and Extension of $2.66 Billion Senior Unsecured Revolving Credit Facility

Represented Air Lease Corporation (NYSE: AL) in the amendment and extension of its unsecured revolving credit facility with JPMorgan Chase Bank, as administrative agent, and a syndicate of lenders to extend the maturity date of the facility to May 2019 and increase the revolving commitments to approximately $2.66 billion. Stradling subsequently represented Air Lease in a November 2015 transaction which increased commitments under its unsecured corporate revolver by $30 million. Total commitments under its unsecured corporate revolver were $2.78 billion spread amongst 33 different financial institutions.