Willis Lease Finance closes $392.9 million notes offering

Willis Lease Finance ( (WLFC) ) has issued an update.

On December 23, 2025, Willis Lease Finance Corporation announced that its wholly owned subsidiary, Willis Engine Structured Trust IX, closed a $392.9 million private offering of fixed-rate asset-backed notes, comprising $337.4 million of Series A Notes and $55.5 million of Series B Notes, secured primarily by WEST’s interests in a portfolio of 47 aircraft engines and two airframes to be acquired from Willis. The notes, issued just below par with coupons of 5.159% for Series A and 5.696% for Series B and an expected six-year maturity, are supported by a suite of customary structured-finance agreements that ring‑fence WEST’s assets from the parent, establish pledged cash and maintenance reserve accounts, and formalize Willis’s roles as servicer and administrative agent, collectively enhancing funding for Willis’s engine portfolio while providing institutional investors with exposure to aviation asset cash flows under Rule 144A and Regulation S placements.

The most recent analyst rating on (WLFC) stock is a Buy with a $140.00 price target. To see the full list of analyst forecasts on Willis Lease Finance stock, see the WLFC Stock Forecast page.

Spark’s Take on WLFC Stock

According to Spark, TipRanks’ AI Analyst, WLFC is a Outperform.

Willis Lease Finance’s strong earnings call performance and undervaluation are significant positives. However, technical indicators suggest bearish trends, and financial performance is mixed due to high leverage and negative free cash flow. The overall score reflects these strengths and risks.

To see Spark’s full report on WLFC stock, click here.

More about Willis Lease Finance

Willis Lease Finance Corporation is a leading lessor of large and regional spare commercial aircraft engines, auxiliary power units and aircraft, serving airlines, engine manufacturers and maintenance, repair and overhaul providers worldwide. Its leasing operations are integrated with engine and aircraft trading, engine lease pools and asset management via Willis Asset Management Limited, complemented by end-of-life engine and materials solutions through Willis Aeronautical Services, and maintenance, disassembly, storage, FBO, and ground-handling services delivered through Willis Engine Repair Center, Jet Centre by Willis and Willis Aviation Services; the company is also pursuing sustainable aviation fuel projects through Willis Sustainable Fuels.

Average Trading Volume: 52,965

Technical Sentiment Signal: Buy

Current Market Cap: $915.8M

Learn more about WLFC stock on TipRanks’ Stock Analysis page.