debt
confidence high
sentiment neutral
materiality 0.55
Willis Lease subsidiary prices $392.9M in secured fixed-rate notes at 5.159% and 5.696%
WILLIS LEASE FINANCE CORP
- $337.4M Series A Notes at 5.159% coupon and $55.5M Series B Notes at 5.696% issued by WEST.
- Notes secured by 47 aircraft engines and two airframes; closing expected Dec 23, 2025.
- Weighted avg life ~4.1 years; final maturity 25 years; priced at 99.999% of par.
- Proceeds to fund WEST's acquisition of engines/airframes from WLFC subsidiaries.