Air Lease Corp (AL) — NYSE strikes Class A stock and 3.700% notes from listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Air Lease Corp notification: the New York Stock Exchange has removed the issuer's Class A Common Stock and its 3.700% Medium-Term Notes, Series A, due April 15, 2030 from listing/registration under Section 12(b). The Exchange and the issuer certified compliance with withdrawal procedures.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-35121
Note coupon: 3.700%
Note maturity: April 15, 2030
+1 more
4 metrics
Commission File Number
001-35121
Form 25 notification
Note coupon
3.700%
Medium-Term Notes, Series A
Note maturity
April 15, 2030
3.700% Medium-Term Notes, Series A due date
Expiration reference
March 31, 2018
header expiration field
Key Terms
Form 25, Section 12(b), voluntary withdrawal, strike the class of securities from listing
4 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) regulatory
"UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities from listing"
strike the class of securities from listing regulatory
"the Exchange has complied with its rules to strike the class of securities from listing"
FAQ
What did the NYSE filing say about Air Lease Corp (AL)?
The filing states the NYSE struck Air Lease Corp's Class A Common Stock and its 3.700% Medium-Term Notes, Series A, due April 15, 2030. It also certifies that both the Exchange and issuer complied with the voluntary withdrawal rules.
Which securities of AL were removed from NYSE listing?
The filing lists Class A Common Stock and the 3.700% Medium-Term Notes, Series A, due April 15, 2030 as the classes removed from NYSE listing and/or registration under Section 12(b).
Does the Form 25 state whether withdrawal was voluntary for AL?
Yes. The notification indicates the issuer complied with exchange rules governing the voluntary withdrawal of the listed classes, and the Exchange complied with the procedures to strike the classes from listing.
Who certified the Form 25 for Air Lease Corp (AL)?
The Form 25 was certified and signed on behalf of New York Stock Exchange LLC by Victoria Paper, Manager, Market Watch, attesting that the Exchange had reasonable grounds to file the Form 25.
What key dates and identifiers appear in the AL Form 25?
The form shows an expiration reference of March 31, 2018, a note maturity of April 15, 2030, and Commission File Number 001-35121 associated with the issuer's listing removal.