Air Lease Corp Files 8-K on Material Agreements
Ticker: AL · Form: 8-K · Filed: Apr 30, 2024 · CIK: 1487712
Sentiment: neutral
Topics: material-agreement, financial-obligation, regulation-fd
Related Tickers: AL
TL;DR
AL filed an 8-K on 4/29, looks like a big financial deal is happening.
AI Summary
Air Lease Corporation (AL) entered into a material definitive agreement on April 29, 2024, related to financial obligations. The company also issued a Regulation FD disclosure and filed financial statements and exhibits as part of this 8-K filing.
Why It Matters
This filing indicates Air Lease Corp is engaging in significant financial transactions or agreements that could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Material definitive agreements and financial obligations can introduce new risks or alter existing ones for a company.
Key Players & Entities
- Air Lease Corporation (company) — Registrant
- April 29, 2024 (date) — Date of earliest event reported
FAQ
What specific material definitive agreement was entered into by Air Lease Corporation?
The filing states that Air Lease Corporation entered into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
What type of financial obligation is being reported?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of the registrant.
What is the significance of the Regulation FD Disclosure item?
The Regulation FD Disclosure item suggests that the company is making public disclosures to prevent selective disclosure of material non-public information.
When was this 8-K filing submitted?
This 8-K filing was submitted on April 30, 2024.
What is Air Lease Corporation's state of incorporation and IRS number?
Air Lease Corporation is incorporated in Delaware and its IRS number is 27-1840403.
Filing Stats: 987 words · 4 min read · ~3 pages · Grade level 10.5 · Accepted 2024-04-30 16:06:07
Key Financial Figures
- $7.8 billion — commitments thereunder to approximately $7.8 billion across 52 financial institutions as of
- $7.5 billion — ving commitments totaling approximately $7.5 billion that mature on May 5, 2028, commitments
- $25.0 million — re on May 5, 2028, commitments totaling $25.0 million that mature on May 5, 2027, commitments
- $210.0 million — re on May 5, 2027, commitments totaling $210.0 million that mature on May 5, 2026 and commitme
Filing Documents
- d825625d8k.htm (8-K) — 34KB
- d825625dex101.htm (EX-10.1) — 756KB
- d825625dex991.htm (EX-99.1) — 7KB
- g825625g88o23.jpg (GRAPHIC) — 5KB
- 0001193125-24-125057.txt ( ) — 1120KB
- al-20240429.xsd (EX-101.SCH) — 4KB
- al-20240429_def.xml (EX-101.DEF) — 14KB
- al-20240429_lab.xml (EX-101.LAB) — 23KB
- al-20240429_pre.xml (EX-101.PRE) — 15KB
- d825625d8k_htm.xml (XML) — 7KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 10.1 Ninth Amendment and Extension Agreement, dated April 29, 2024, to the Second Amended and Restated Credit Agreement, dated as of May 5, 2014 among Air Lease Corporation, as Borrower, the several lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent. 99.1 Air Lease Corporation Press Release dated April 29, 2024. 104 The cover page from this Current Report on Form 8-K formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AIR LEASE CORPORATION Date: April 30, 2024 By: /s/ Gregory B. Willis Name: Gregory B. Willis Title: Executive Vice President and Chief Financial Officer