Willis Lease Finance Corporation Announces New Revolving Credit Facility for Joint Venture, Willis Mitsui & Co. Engine Support Limited
Willis Lease Finance Corporation (NASDAQ: WLFC) said its joint venture Willis Mitsui & Co. Engine Support Limited (WMES) entered a new $750.0 million five-year revolving credit facility on October 31, 2025. The facility is available on a revolving basis until October 31, 2030 and may be extended subject to lender approval. Loans will bear interest at a floating rate (Term SOFR) plus a margin. Proceeds may be used for general corporate purposes. WMES is 50% owned by WLFC and 50% by Mitsui and is headquartered in Dublin. Management described the facility as strengthening financial flexibility and supporting strategic growth initiatives following a June acquisition.
Willis Lease Finance Corporation (NASDAQ: WLFC) ha dichiarato che la sua joint venture Willis Mitsui & Co. Engine Support Limited (WMES) ha concluso una nuova linea di credito rotativa quinquiennale da 750,0 milioni di dollari il 31 ottobre 2025. La linea è disponibile su base rotativa fino al 31 ottobre 2030 e può essere estesa soggetta all’approvazione dei prestatori. I prestiti porteranno interessi a tasso variabile (Term SOFR) più una marginalità. I proventi possono essere utilizzati per scopi aziendali generali. WMES è controllata al 50% da WLFC e al 50% da Mitsui ed ha sede a Dublino. La direzione ha descritto la linea come un rafforzamento della flessibilità finanziaria e un supporto alle iniziative di crescita strategica a seguito dell’acquisizione di giugno.
Willis Lease Finance Corporation (NASDAQ: WLFC) dijo que su empresa conjunta Willis Mitsui & Co. Engine Support Limited (WMES) firmó una nueva línea de crédito revolvente a cinco años por 750,0 millones de dólares el 31 de octubre de 2025. La facilidad está disponible de forma revolvente hasta el 31 de octubre de 2030 y puede ser extendida sujeto a la aprobación de los prestamistas. Los préstamos devengarán interés a una tasa flotante (Term SOFR) más una margen. Los fondos pueden utilizarse para fines corporativos generales. WMES es propiedad del 50% de WLFC y del 50% de Mitsui y tiene sede en Dublín. La dirección describió la facilidad como un fortalecimiento de la flexibilidad financiera y un apoyo a las iniciativas de crecimiento estratégico tras la adquisición de junio.
Willis Lease Finance Corporation (NASDAQ: WLFC)은 합작회사인 Willis Mitsui & Co. Engine Support Limited (WMES)이 2025년 10월 31일 750.0백만 달러 규모의 5년 만기 회전 신용시설를 신규로 체결했다고 밝혔다. 이 시설은 2030년 10월 31일까지 회전 방식으로 이용 가능하며 대출기관의 승인을 조건으로 연장될 수 있다. 대출은 변동금리(Term SOFR)에 가산 마진이 붙어 이자이자 갖게 된다. 조달금은 일반 기업 용도에 사용할 수 있다. WMES는 WLFC가 50%, Mitsui가 50%를 소유하고 더블린에 본사가 있다. 경영진은 이 시설을 재무 유연성을 강화하고 6월 인수 이후의 전략적 성장 이니셔티브를 뒷받침하는 수단으로 설명했다.
Willis Lease Finance Corporation (NASDAQ: WLFC) a déclaré que sa coentreprise Willis Mitsui & Co. Engine Support Limited (WMES) a conclu une nouvelle ligne de crédit revolving quinquennale de 750,0 millions de dollars le 31 octobre 2025. Cette facilité est disponible sur une base revolving jusqu’au 31 octobre 2030, et peut être étendue sous réserve de l’approbation des prêteurs. Les prêts porteront intérêt à un taux variable (Term SOFR) plus une marge. Les produits peuvent être utilisés pour des besoins généraux de l’entreprise. WMES est détenue à 50% par WLFC et à 50% par Mitsui et est basée à Dublin. La direction a décrit la facilité comme un renforcement de la flexibilité financière et un soutien aux initiatives de croissance stratégique suite à l’acquisition de juin.
Willis Lease Finance Corporation (NASDAQ: WLFC) sagte, dass ihr Joint Venture Willis Mitsui & Co. Engine Support Limited (WMES) eine neue revolvierende Kreditfazilität in Höhe von 750,0 Mio. US-Dollar über fünf Jahre am 31. Oktober 2025 eingegangen sei. Die Fazilitätsteht bis zum 31. Oktober 2030 revolvierend zur Verfügung und kann mit Zustimmung der Kreditgeber verlängert werden. Die Kredite werden zu einem variablen Zinssatz (Term SOFR) zuzüglich einer Marge verzinst. Die Mittel dürfen für allgemeine Unternehmenszwecke verwendet werden. WMES ist zu 50% Eigentum von WLFC und zu 50% von Mitsui und hat seinen Hauptsitz in Dublin. Das Management bezeichnete die Fazilität als Stärkung der finanziellen Flexibilität und zur Unterstützung strategischer Wachstumsinitiativen nach der im Juni erfolgten Akquisition.
Willis Lease Finance Corporation (NASDAQ: WLFC) قالت أن مشروعها المشترك Willis Mitsui & Co. Engine Support Limited (WMES) دخلت في تسهيل ائتمان دوّري دوّار لخمس سنوات بقيمة 750.0 مليون دولار في 31 أكتوبر 2025. يمكن استخدام التسهيل على أساس دوّري حتى 31 أكتوبر 2030 ويمكن تمديده رهناً بموافقة المقرضين. ستصرف القروض بفائدة على معدل عائم (Term SOFR) إضافة إلى هامش. يمكن استخدام العائدات لأغراض الشركات العامة. WMES مملوكة بنسبة 50% لـ WLFC وبنسبة 50% لـ Mitsui وتقع مقراتها في دبلن. وصف management التسهيل بأنه يعزز المرونة المالية ويدعم مبادرات النمو الاستراتيجية عقب استحواذ يونيو.
- $750.0 million revolving facility increases liquidity capacity
- Five-year tenor provides medium-term funding stability to WMES
- Facility availability supports general corporate purposes and growth initiatives
- Loans tied to floating Term SOFR expose WMES to interest-rate variability
- Extension to beyond October 31, 2030 is subject to lender approval, creating refinancing risk
COCONUT CREEK, Fla., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and a global provider of aviation services, today announced that on October 31, 2025, Willis Mitsui & Co. Engine Support Limited (“WMES”), the Company’s long-standing joint venture with Mitsui & Co., Ltd. (“Mitsui”), entered into a new
Proceeds from the revolving credit facility may be used for general corporate purposes. The credit facility will be available on a revolving basis until October 31, 2030, and WMES may request to extend the maturity, subject to lender approval. Loans under the Credit Agreement will bear interest based on a floating rate (Term SOFR) plus a margin.
“We are extremely pleased with the successful completion of this new revolving credit facility,” said Hagen S. Disch, Treasurer of WLFC, “which strengthens our financial flexibility and demonstrates the continued confidence our lenders have in our joint venture."
“We are thrilled to announce a new credit facility for WMES as we focus on expanding our strategic growth initiatives,” said Akira Kaido, Chairperson and Director of WMES. “This announcement closely follows the close of our acquisition of Willis Mitsui & Co. Asset Management Limited in June, and this credit agreement will help us capitalize on new opportunities with agility and strength.”
WMES, which is
About Willis Lease Finance Corporation
Willis Lease Finance Corporation (WLFC) leases large and regional spare commercial aircraft engines and aircraft to airlines, aircraft engine manufacturers and maintenance, repair, and overhaul providers worldwide. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Additionally, through Willis Engine Repair Center®, Jet Centre by Willis and Willis Aviation Services Limited, the company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services. Willis Sustainable Fuels intends to develop, build and operate projects to help decarbonize aviation.
Forward-Looking Statements
Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. By their nature, forward-looking statements involve a number of inherent risks, uncertainties and assumptions and are subject to change in circumstances that are difficult to predict and many of which are outside of our control. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which the forward-looking statement is based, except as required by law. Our actual results may differ materially from the results discussed, either expressly or implicitly, in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and natural disasters; changes in oil prices, rising inflation and other disruptions to world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors, as well as the impact of new or increased tariffs; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing and current reports filed with the Securities and Exchange Commission. It is advisable, however, to consult any further disclosures the Company makes on related subjects in such filings. These statements constitute the Company’s cautionary statements under the Private Securities Litigation Reform Act of 1995.
CONTACT:
Scott B. Flaherty
EVP & Chief Financial Officer
561.413.0112
FAQ
What did WLFC announce on October 31, 2025 for WMES (WLFC)?
How long is the WMES revolving credit facility that affects WLFC shareholders?
What interest rate applies to the WMES loans under the new credit agreement (WLFC)?
How can WMES use proceeds from the $750.0 million facility announced by WLFC?
What ownership stake does WLFC have in WMES mentioned in the WLFC announcement?
Does the WMES credit facility announced by WLFC require lender approval to extend maturity?
