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Willis Lease Announces Offering of $392.9 Million in Fixed Rate Notes
COCONUT CREEK, Fla., Dec. 10, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), a leading lessor of commercial jet engines, announced today that its wholly-owned subsidiary, Willis Engine Structured Trust IX (“WEST”), proposes to offer $337,400,000 in aggregate principal amount of Series A Fixed Rate Notes (the “Initial Series A Notes”) and $55,500,000 in aggregate principal amount of Series B Fixed Rate Notes (the “Initial Series B Notes” and, t
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[{"type":"image","alt":"Willis Lease Finance Corp.","displaySize":"","headline":null,"caption":"Willis Lease Finance Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":126,"url":"https://media.zenfs.com/en/globenewswire.com/f942b05fc2d92dc283d3d6608522d9b1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/lpZHtUaT7Wv_ynUNzZBTMg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE3NjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/f942b05fc2d92dc283d3d6608522d9b1","width":300,"height":126}},"lazy":false},{"type":"text","content":"COCONUT CREEK, Fla., Dec. 10, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), a leading lessor of commercial jet engines, announced today that its wholly-owned subsidiary, Willis Engine Structured Trust IX (“WEST”), proposes to offer $337,400,000 in aggregate principal amount of Series A Fixed Rate Notes (the “Initial Series A Notes”) and $55,500,000 in aggregate principal amount of Series B Fixed Rate Notes (the “Initial Series B Notes” and, together with the Initial Series A Notes, the “Initial Notes”). The Notes will be secured by, among other things, WEST’s direct and indirect interests in a portfolio of 47 aircraft engines and 2 airframes, which WEST will acquire from WLFC or its other subsidiaries pursuant to an asset purchase agreement.","length":805,"tagName":"p"},{"type":"text","content":"The net proceeds of the Notes will be primarily applied to (i) pay certain fees and expenses related to the offering of the Notes, (ii) deposit initial amounts in reserve accounts for security deposits, maintenance expenses and other expenses and (iii) pay WLFC periodically over a 270-day delivery period the consideration for the aircraft engines and the airframes acquired by WEST from WLFC in connection with the financing. WLFC and its subsidiaries will apply any net proceeds it receives to repay debt collateral by the assets and for general corporate purposes.","length":568,"tagName":"p"},{"type":"text","content":"The Notes being offered by WEST have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any other securities laws of any jurisdiction, and may not be offered or sold in the United States or to U.S. persons (as defined in Regulation S under the Securities Act) absent registration or a...