KBRA Affirms Air Lease's A- Issuer, Senior Unsecured Debt Ratings and BBB Preferred Share Rating with Stable Outlook and Assigns A- Rating to Air Lease's Medium-Term Notes
KBRA affirms the A- issuer and senior unsecured debt ratings as well as the BBB rating for the preferred shares for Air Lease Corporation (NYSE:AL, "the Company"))), a global aircraft leasing company based in Los Angeles, California. KBRA also affirms the A- rating of the Sukuk trust certificates issued by Air Lease Corporation Sukuk Limited. In addition, KBRA assigns a senior unsecured rating of A- to €600.0 million 3.70% Medium-Term Notes, Series A, due April 15, 2030. The Outlook of the ratings is Stable.
Key Credit Considerations
The issuer and senior unsecured ratings of Air Lease are driven by the company's global franchise, leading market position and highly experienced managemen
