Willis Lease Finance is in the market with its fifth asset backed securitisation transactions – Willis Engine Structured Trust IV. The structuring agent on the deal is BofA Merrill Lynch; Bank of America is also providing the liquidity facility. Willis Lease Finance will remain as servicer and administrative agent for the portfolio of 55 engines and one 737-800 aircraft. The $373.439 million ABS transactions is comprised of two classes of notes: $326.759 million A notes, rated A by Kroll Bong Rating Agency, with an initial loan to value (LTV) of 70%; and $46.68 million BBB-rated B notes with an LTV
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