Announcement of New Revolving Credit Facility
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Willis Lease Finance Corporation (WLFC) has entered into a new $1.0 billion, five-year revolving credit facility, replacing its previous $500 million agreement. Bank of America, N.A. is the administrative agent.
November 05, 2024 | 12:30 pm
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Willis Lease Finance Corporation has secured a new $1 billion revolving credit facility, doubling its previous $500 million agreement. This move enhances WLFC's financial flexibility and capacity for future growth.
The new credit facility significantly increases WLFC's available credit from $500 million to $1 billion, indicating strong lender confidence and providing the company with greater financial flexibility. This is likely to be viewed positively by investors as it supports potential growth and operational stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100