Willis Lease Finance Increases Revolving Credit Facility to $1.75B, Extends Maturity to April 2031
Willis Lease Finance Corporation boosted its revolving credit facility by $750 million, raising total commitments from $1.0 billion to $1.75 billion and extending the maturity to April 2031. The amended facility attracted $1.0 billion in excess lender commitments, underscoring strong market support for the company’s growth plans.
1. Credit Facility Expansion
WLFC amended its revolving credit facility to increase total lender commitments from $1.0 billion to $1.75 billion, with the new agreement extending the maturity date to April 2031 to secure long-term funding stability.
2. Strong Lender Support
The expanded facility was oversubscribed by approximately $1.0 billion in excess commitments, indicating robust confidence from existing banking partners and validating WLFC’s strategic positioning in the aviation leasing market.
3. Strategic Growth Implications
The increased capacity, extended term, and added flexibility of the facility will support WLFC’s efforts to expand its engine leasing portfolio, diversify service offerings, and address evolving airline customer needs worldwide.