Air Lease Corporation Completes First Ever North American Corporate Sukuk Offering

Author's Avatar
Mar 20, 2023

Today Air Lease Corporation (NYSE: AL) announced the successful completion of its inaugural sukuk issuance. The transaction, settled on March 15, 2023, represented the first ever offering of its kind into the Middle East market from a North American corporate and the largest sukuk from a US-based borrower in history.