secwatch.observer — SEC 8-K summary
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Issuer:     AIR LEASE CORP (—)
CIK:        0001487712
Form:       8-K
Filed at:   2026-04-08T23:59:59+00:00
Accession:  0001193125-26-147571
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 2.03, 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Air Lease acquired by consortium for $65/share; total value $28.2B
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- Merger completed at $65.00/share cash; aggregate equity value ~$7.4B, total transaction value ~$28.2B including debt.
- Post-merger ownership: Sumitomo 47.5%, Apollo 23.8%, Brookfield 23.8%, SMBC AC 5% of surviving corporation.
- Prior board and CEO/CFO/etc. removed; Noriyuki Hiruta appointed CEO/President/Secretary, Sabrina Lemmens CFO.
- Class A common stock and 3.700% Medium-Term Notes due 2030 delisted from NYSE; company will deregister common stock.
- SMBC AC acquired aircraft orderbook; new financing includes $1B term loan, $3.5B revolver, $4B senior notes issued pre-merger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487712/000119312526147571/0001193125-26-147571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487712/000119312526147571/d139383d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-147571

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer