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Willis Lease Finance Unit Prices $596 Million Offering of Fixed Rate Notes
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Willis Lease Finance Unit Prices $596 Million Offering of Fixed Rate Notes
Jun 6, 2025 6:24 AM

09:06 AM EDT, 06/06/2025 (MT Newswires) -- Willis Lease Finance ( WLFC ) said Friday its Willis Engine Structured Trust VIII unit prices its offering of $524 million of series A fixed-rate notes and $72 million of series B fixed-rate notes.

The series A notes will have a fixed coupon of 5.582% and will be issued at a price of 99.99721% of par, while the series B notes will have a fixed coupon of 6.070% and will be issued at a price of 99.99711% of par, the company said.

The notes have an expected maturity of about six years, an expected weighted average life of 5.1 years and a final maturity of 25 years, the company added.

The offering is set to close June 18.

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