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Latham & Watkins Advises AerSale In Pricing of Secondary Offering of Common Stock

May 30, 2023
Firm represents the leading provider of aviation products and services in the offering.

AerSale Corporation (NASDAQ: ASLE) has announced the pricing of the previously announced underwritten secondary offering by affiliates of Leonard Green & Partners, L.P. of 4,000,000 shares of common stock of AerSale, pursuant to a shelf registration statement on Form S-3 filed by the Company with the U.S. Securities and Exchange Commission. The shares will be offered by the underwriter from time to time for sale in one or more transactions on the Nasdaq Capital Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The Selling Stockholders have granted the underwriter a 30-day option to purchase up to an additional 600,000 shares of common stock on the same terms and conditions. No shares are being issued or sold by AerSale. The Selling Stockholders will receive all of the proceeds from the Offering.

Latham & Watkins LLP represents AerSale in the offering with a New York capital markets team led by partners Stelios Saffos, Paul Kukish, and John Slater, with associates Angel Marcial and Adam Weber.