debt
confidence high
sentiment neutral
materiality 0.55
Willis Lease subsidiary WEST prices $596M in fixed-rate notes secured by 62 engines
WILLIS LEASE FINANCE CORP
- $524M Series A Notes at 5.582% fixed coupon, $72M Series B at 6.070%.
- Notes secured by portfolio of 62 aircraft engines and two airframes.
- Expected weighted average life of 5.1 years, final maturity 25 years.
- Planned closing on June 18, 2025, subject to customary conditions.
- Notes offered under Rule 144A/Reg S, not registered under Securities Act.
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