---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-125057"
form_type: "8-K"
ticker: null
cik: "0001487712"
company_name: "AIR LEASE CORP"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:19:02.611048+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Air Lease extends revolving credit facility to $7.8B, maturity to 2028

## Summary
- Extended syndicated unsecured revolver maturity from May 2027 to May 2028.
- Total commitments increased to ~$7.8B from $7.4B across 52 institutions.
- Pricing: Adjusted Term SOFR + 1.05% margin; 0.20% facility fee; subject to credit rating adjustments.
- No incremental borrowings at closing; CFO cites continued support from financial partners.

## SEC filing metadata
- accession: 0001193125-24-125057
- form_type: 8-K
- cik: 0001487712
- company_name: AIR LEASE CORP
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487712/000119312524125057/0001193125-24-125057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487712/000119312524125057/d825625d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-125057
- JSON: https://secwatch.observer/filing/0001193125-24-125057.json
- Plain text: https://secwatch.observer/filing/0001193125-24-125057.txt

## Key facts
- Debt Financings
  AIR LEASE CORP amended revolving credit of approximately $7.8 billion with JPMorgan Chase Bank, N.A., as administrative agent at Adjusted Term SOFR Rate plus a margin of 1.05% per year maturing extended the final maturity date from May 5, 2027 to May 5, 2028.
  - Instrument: revolving credit
  - Principal: approximately $7.8 billion
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: Adjusted Term SOFR Rate plus a margin of 1.05% per year
  - Maturity: extended the final maturity date from May 5, 2027 to May 5, 2028
  - Event: amendment
  source text: On April 29, 2024, Air Lease Corporation (the “Company”) entered into the Ninth Amendment and Extension Agreement (the “Ninth Amendment) to the Second Amended and Restated Credit Agreement which amended and extended its unsecured revolving credit facility, dated as of May 5, 2014, with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders named therein (as previously amended and extended, and as further amended by the Ninth Amendment, the “Syndicated Unsecured Revolving Credit Facility”) whereby the Company, among other things, (i) extended the final maturity date from May 5, 2027 to May 5, 2028, and (ii) amended the total revolving commitments thereunder to approximately $7.8 billion across 52 financial institutions as of May 5, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487712/000119312524125057/0001193125-24-125057-index.htm
- Material Agreements
  AIR LEASE CORP amended Ninth Amendment and Extension Agreement with JPMorgan Chase Bank, N.A. valued at approximately $7.8 billion (effective 2024-04-29).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: approximately $7.8 billion
  - Effective: 2024-04-29
  source text: On April 29, 2024, Air Lease Corporation (the “Company”) entered into the Ninth Amendment and Extension Agreement (the “Ninth 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/1487712/000119312524125057/0001193125-24-125057-index.htm

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