Willis Lease Finance, a lessor of commercial aircraft engines and a global provider of aviation services, amended and extended its existing revolving credit facility, increasing total commitments from $1 billion to $1.75 billion and extending the maturity to April of 2031. The amended facility was oversubscribed, with approximately $1 billion in excess lender commitments.
“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,” Scott B. Flaherty, executive vice president and chief financial officer of Willis Lease Finance, said. “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.”
