Willis Lease Finance Prices $410M Fixed Rate Notes
Portfolio Pulse from Benzinga Newsdesk
Willis Lease Finance has priced $410M fixed rate notes, which will be secured by WEST's direct and indirect interests in a portfolio of 51 aircraft engines and four airframes. The planned closing date is October 31, 2023.
October 20, 2023 | 6:47 am
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Willis Lease Finance's pricing of $410M fixed rate notes could potentially strengthen its financial position. The notes are secured by a portfolio of aircraft engines and airframes.
The pricing of these notes indicates that Willis Lease Finance is raising capital, which could be used for various corporate purposes. This could potentially strengthen the company's financial position and provide more financial flexibility. The fact that the notes are secured by a portfolio of aircraft engines and airframes provides some level of security to the investors.
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