{"schema_version":"secwatch.filing_event.v1","accession":"0001018164-25-000082","form_type":"8-K","ticker":"WLFC","cik":"0001018164","company_name":"WILLIS LEASE FINANCE CORP","filed_at":"2025-06-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.159044+00:00","generated_at":"2026-05-19T02:27:38.660250+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Willis Lease Finance subsidiary closes $596M fixed-rate note offering","bullets":["WEST issued $524M Series A (5.582%) and $72M Series B (6.070%) notes, secured by 62 engines and two airframes.","Notes have ~6 yr expected maturity, 5.1 yr weighted avg life, final maturity 25 yrs.","Final subscription multiples: Series A 3.60x gross/5.10x avail; Series B 7.15x/13.00x, indicating strong demand.","Proceeds primarily used to acquire engines/airframes from Willis and for general corporate purposes.","Willis earns servicing fees: 8% senior and 3.5% subordinated of net rents, plus 2% admin fee."],"urls":{"canonical":"https://secwatch.observer/filing/0001018164-25-000082","json":"https://secwatch.observer/filing/0001018164-25-000082.json","markdown":"https://secwatch.observer/filing/0001018164-25-000082.md","text":"https://secwatch.observer/filing/0001018164-25-000082.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1018164/000101816425000082/0001018164-25-000082-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1018164/000101816425000082/wlfc-20250618.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T02:27:38.660250+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d2582e9c753bb3795fe95a6aa21512cc794b7bfe","claim":"WILLIS LEASE FINANCE CORP incurred senior notes of $596,000,000 in aggregate principal amount of fixed rate notes with U.S. Bank National Association at fixed coupon of 5.582% for Series A Notes and 6.070% for Series B Notes maturing expected maturity of approximately six years, final maturity of 25 years.","evidence_excerpt":"On June 18, 2025, Willis Lease Finance Corporation (the “Company”) and its direct, wholly-owned subsidiary Willis Engine Structured Trust VIII (“WEST”), closed its offering of $596,000,000 in aggregate principal amount of fixed rate notes (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1018164/000101816425000082/0001018164-25-000082-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$596,000,000 in aggregate principal amount of fixed rate notes"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Rate","value":"fixed coupon of 5.582% for Series A Notes and 6.070% for Series B Notes"},{"label":"Maturity","value":"expected maturity of approximately six years, final maturity of 25 years"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}