secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS LEASE FINANCE CORP (WLFC)
CIK:        0001018164
Form:       8-K
Filed at:   2025-12-23T23:59:59+00:00
Accession:  0001018164-25-000156
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Willis Lease subsidiary closes $392.9M note offering secured by 47 engines and 2 airframes
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- Series A $337.4M at 5.159%, Series B $55.5M at 5.696%; expected maturity ~6 years, final 25 years.
- Net proceeds to pay fees, fund reserve accounts, and pay Willis for engines/airframes over 270-day delivery period.
- Willis appointed servicer and admin agent; servicer fee 8% senior rent fee, 3.5% subordinated rent fee, admin fee 2%.
- Notes secured by WEST's interests in 47 engines and 2 airframes; WEST assets not available to satisfy Willis other obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018164/000101816425000156/0001018164-25-000156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018164/000101816425000156/wlfc-20251223.htm
  HTML page:      https://secwatch.observer/filing/0001018164-25-000156

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