Air Lease Corporation is a global aircraft leasing company that owns and leases a large fleet of modern aircraft to airlines worldwide.
An insightful analysis of a specific debt instrument highlights the full lifecycle of a bond issued by Air Lease Corporation (ALC), a prominent global aircraft leasing company whose business model involves purchasing new commercial aircraft directly from manufacturers and subsequently leasing them to airlines worldwide, positioning it as a significant financial partner in the global aviation industry. This particular bond, identified by ISIN US00912XBA19 and CUSIP 00912XBA1, was a US dollar-denominated instrument originating from the United States, carrying an annual interest rate (coupon) of 3.25%, with interest payments structured semi-annually, reflecting a payment frequency of two times per year. Although the bond previously traded on the market at 99.968% of its par value, it has now successfully reached its scheduled maturity date of February 28, 2025, and has been fully repaid, thereby concluding its financial lifecycle as per the issuer's obligation. The issuer, Air Lease Corp, holds an investment-grade credit rating of 'BBB' from Standard & Poor's (S&P), indicating the agency's assessment of the company's adequate capacity to meet its financial commitments.
|
Français
Italiano
United States
US00912XBA19 ( in USD )
