secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS LEASE FINANCE CORP (WLFC)
CIK:        0001018164
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001018164-24-000036
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

WLFC subsidiary enters $500M secured credit facility for aircraft engine acquisitions
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- Non-recourse warehouse credit facility of up to $500M, not guaranteed by WLFC.
- Proceeds will finance acquisition of aircraft engines, airframes, and related loan assets.
- Five-year term with two-year availability; interest at Term SOFR + 2.25% (initial margin).
- Interest margin ranges from 2.25% to 3.75% based on applicable date.
- Syndicate includes Bank of America, BNP Paribas, Crédit Agricole, MUFG, and Wells Fargo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018164/000101816424000036/0001018164-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018164/000101816424000036/wlfc-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001018164-24-000036

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