Leasing

Willis Lease Finance ups revolver to $430m

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Willis Lease Finance ups revolver to $430m

Willis lease Finance has announced that it has increased its revolving credit facility from a $345million to $430million. The engine lessor has the opportunity to increase this limit further to $450million. The revolver runs until November 2016.

Charles F Willis, Chairman and CEO said, “ The larger revolving credit facility, coupled with the $390 million ABS transaction just announced, provides us with long-term, low-cost financing to support our business operations for many years to come.”