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Stock impact report

Willis Lease Finance Corporation Amends Revolving Credit Facility [Yahoo! Finance]

Willis Lease Finance Corporation (WLFC) 
US:NASDAQ Investor Relations: willislease.com/investors.aspx
Company Research Source: Yahoo! Finance
the “Company”), the leading lessor of commercial aircraft engines and a global provider of aviation services, today announced that it has amended and extended its existing revolving credit facility, increasing total commitments from $1.0 billion to $1.75 billion and extending the maturity to April of 2031. The amended facility was oversubscribed, with approximately $1.0 billion in excess lender commitments, reflecting strong support from the Company's lenders/partners. “We are very pleased to complete the expansion and extension of our revolving credit facility, reflecting the strength and confidence the markets have in our platform,” said Scott B. Flaherty, EVP & Chief Financial Officer of Willis Lease Finance Corporation. “The increased capacity, term and flexibility provided by our amended facility will support the continued growth and diversification of our platform as we strive to meet the evolving needs of our customers.” Willis Lease Finance Corporation Willis Lease Fin Show less Read more
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