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Willis Lease Finance plans $175M convertible notes offering to fund corporate needs and repay credit facility.

Company Fundamentals
13 May 2026
GlobeNewsWire
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Neutral
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Willis Lease Finance Corporation announced a proposed public offering of $175 million in convertible senior notes due 2031, with an option for an additional $25 million. The proceeds are intended to temporarily repay amounts under its revolving credit facility and support general corporate purposes. The notes will be senior unsecured debt, convertible into cash or stock, and redeemable under certain conditions. Concurrently, a separate offering of borrowed common stock will facilitate hedging for investors. The offering is subject to market conditions and regulatory approvals, with Morgan Stanley, BofA Securities, and Deutsche Bank managing the deal.

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