M&A
confidence high
sentiment positive
materiality 0.75
Willis Lease Finance signs $379.3M deal to acquire 12 aircraft and 13 engines
WILLIS LEASE FINANCE CORP
- Purchase price $379.3M, subject to locked-box adjustments and 6.25% interest from economic closing date.
- Portfolio includes 12 commercial aircraft and 13 spare engines; expected closing Q3 2026, no earlier than Aug 24.
- WLFC placed $10M deposit; $1.5M holdback for post-closing leakage claims; R&W insurance policy obtained.
- Company plans to allocate 10 engines and 6 aircraft to joint ventures or managed investment vehicles.
- Transaction complements WLFC's asset management and aftermarket services; CEO cites customer base growth.