---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-118703"
form_type: "8-K"
ticker: null
cik: "0001487712"
company_name: "AIR LEASE CORP"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:36:58.272866+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Air Lease extends $7.2B senior unsecured revolver maturity to May 2027

## Summary
- Amended commitments total ~$7.2B across 49 banks as of May 5, 2023; no new borrowings at closing.
- Interest rate set at Adjusted Term SOFR + 1.05% margin with 0.20% facility fee, subject to credit rating adjustments.
- Maturity extended one year; $6.8B of commitments mature May 2027, $320M May 2026, $32.5M May 2025, $375M May 2023.
- CFO Gregory Willis cited the extension as reflecting ALC's strong investment-grade credit metrics and cost-efficient funding strategy.

## SEC filing metadata
- accession: 0001193125-23-118703
- form_type: 8-K
- cik: 0001487712
- company_name: AIR LEASE CORP
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487712/000119312523118703/0001193125-23-118703-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487712/000119312523118703/d496925d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-118703
- JSON: https://secwatch.observer/filing/0001193125-23-118703.json
- Plain text: https://secwatch.observer/filing/0001193125-23-118703.txt

## Key facts
- Debt Financings
  AIR LEASE CORP amended revolving credit of approximately $7.2 billion with JPMorgan Chase Bank, N.A., as administrative agent at Adjusted Term SOFR Rate plus a margin of 1.05% per year maturing May 5, 2027.
  - Instrument: revolving credit
  - Principal: approximately $7.2 billion
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: Adjusted Term SOFR Rate plus a margin of 1.05% per year
  - Maturity: May 5, 2027
  - Event: amendment
  source text: (i) extended the final maturity date from May 5, 2026 to May 5, 2027, (ii) amended the total revolving commitments thereunder to approximately $7.2 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487712/000119312523118703/0001193125-23-118703-index.htm
- Material Agreements
  AIR LEASE CORP amended Eighth Amendment and Extension Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders named therein (effective 2023-04-25).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent, and the lenders named therein
  - Effective: 2023-04-25
  source text: On April 25, 2023, Air Lease Corporation (the “Company”) entered into the Eighth Amendment and Extension Agreement (the “Eighth Amendment) to the Second Amended and Restated Credit Agreement which amended and extended its unsecured revolving credit facility
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487712/000119312523118703/0001193125-23-118703-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.