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.
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