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News  ›  GlobeNewswire Inc.

Willis Lease Finance Corporation Announces Closing of $392,900,000 in Fixed Rate Notes

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
Willis Lease Finance Corporation Announces Closing of $392,900,000 in Fixed Rate Notes

Willis Lease Finance Corporation's subsidiary Willis Engine Structured Trust IX completed an offering of $337.4 million in Series A Notes and $55.5 million in Series B Notes, secured by a portfolio of 47 aircraft engines and two airframes. The notes carry fixed coupons of 5.159% and 5.696% respectively, with an expected maturity of approximately six years.

Insights
WLFC   positive

The company successfully completed a substantial $392.9 million debt offering, demonstrating strong market access and investor confidence. The completion of this structured finance transaction indicates solid financial positioning and ability to raise capital for asset acquisition and operations.