Willis Lease Finance Corporation plans to offer $337.4 million in Series A Fixed Rate Notes and $55.5 million in Series B Fixed Rate Notes. The Notes will be secured by a portfolio of 47 aircraft engines and 2 airframes. Proceeds will cover fees, expenses, reserve accounts, and payments to WLFC for the acquired assets. The Notes have not been registered under the Securities Act and are offered to qualified institutional buyers. This news release does not constitute an offer to sell. Forward-looking statements in the release highlight potential risks and uncertainties in the airline industry. For more information, consult the Company’s SEC filings.

Read more at GlobeNewswire: Willis Lease Announces Offering of $392.9 Million in Fixed