Willis Lease Finance Corporation $(WLFC)$, a leading lessor of commercial aircraft engines and provider of aviation services, announced the pricing of its debt offering totaling $596.0 million. The issuance comprises $524 million in Series A Fixed Rate Notes and $72 million in Series B Fixed Rate Notes. The Series A Notes will have a fixed coupon of 5.582% and are expected to mature in approximately six years, with a final maturity of 25 years. They will be issued at 99.99721% of par. The Series B Notes will have a fixed coupon of 6.070%, also with an expected maturity of approximately six years and a final maturity of 25 years, issued at 99.99711% of par. The Notes will be secured by WEST's interests in a portfolio of 62 aircraft engines and two airframes. The planned closing date for this transaction is June 18, 2025.
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