Willis Lease Finance Strengthens Financial Position with New Credit
Company Announcements

Willis Lease Finance Strengthens Financial Position with New Credit

Willis Lease Finance ( (WLFC) ) has shared an update.

Willis Lease Finance Corporation (WLFC) has secured a new $1 billion revolving credit facility with Bank of America, replacing its previous $500 million agreement. This expanded facility, available until 2029, can increase by an additional $250 million to support WLFC’s growth. The credit terms include a floating interest rate and a requirement for WLFC to maintain specific financial ratios. This strategic financial move aims to bolster WLFC’s leasing and asset management operations in the aviation sector.

For detailed information about WLFC stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyWillis Lease reports Q3 EPS $3.37 vs $2.13 last year
TipRanks Auto-Generated NewsdeskWillis Lease Finance to Announce Q3 2024 Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App