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Willis Lease Finance Corporation Announces Pricing of $596.0 Million in Fixed Rate Notes
Globenewswireยท 2025-06-06 12:03
Core Points - Willis Lease Finance Corporation (WLFC) announced the pricing of $524 million in Series A Fixed Rate Notes and $72 million in Series B Fixed Rate Notes, totaling $596 million [1] - The Series A Notes have a fixed coupon of 5.582% and the Series B Notes have a fixed coupon of 6.070%, with an expected maturity of approximately six years and a final maturity of 25 years [2] Company Overview - WLFC is a leading lessor of commercial aircraft engines and provides global aviation services, including leasing large and regional spare commercial aircraft engines, auxiliary power units, and aircraft [5] - The company integrates its leasing activities with engine and aircraft trading, engine lease pools, and asset management services, along with various end-of-life solutions for engines and aviation materials [5] - WLFC's service offerings include Part 145 engine maintenance, aircraft line and base maintenance, and airport ground and cargo handling services [5]