secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS LEASE FINANCE CORP (WLFC)
CIK:        0001018164
Form:       8-K
Filed at:   2023-09-28T23:59:59+00:00
Accession:  0001018164-23-000019
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Willis Lease amends Series A-1 Preferred terms: extends redemption, raises dividend to 8.5%
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- Mandatory redemption date for Series A-1 Preferred extended from Oct 17, 2023 to Sep 27, 2024.
- Series A-1 dividend rate increased to 8.5% per annum from 6.5%, effective Oct 16, 2023.
- Amendment agreed with Development Bank of Japan, applies only to Series A-1 holders.
- Series A-2 Preferred terms unchanged at 6.5% rate; no impact on common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018164/000101816423000019/0001018164-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018164/000101816423000019/wlfc-20230926.htm
  HTML page:      https://secwatch.observer/filing/0001018164-23-000019

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