Willis Lease Finance Secures $750M Five-Year Credit Facility
Willis Lease Finance Secures $750M Five-Year Credit Facility

Willis Lease Finance Secures $750M Five-Year Credit Facility

News summary

Willis Lease Finance Corporation (WLFC) and Mitsui & Co. have secured a $750 million revolving credit facility for their joint venture, Willis Mitsui & Co. Engine Support (WMES), effective from October 31, 2025, through October 31, 2030. This credit facility, which can be used for general corporate purposes and may be increased by an additional $250 million, strengthens WMES's financial flexibility and supports its strategic growth initiatives, including recent acquisitions. The loans under the credit agreement will bear interest based on a floating rate (Term SOFR) plus a margin. WMES is equally owned by WLFC and Mitsui and focuses on leasing and servicing commercial aircraft engines, managing assets valued around $380 million. Willis Lease Finance operates globally, leasing large and regional spare commercial aircraft engines and providing related aviation services. The new credit facility reflects lender confidence and positions the joint venture to capitalize on emerging opportunities in the aviation sector.

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