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Willis Lease ups credit facility to $345m

21 November 2011

The engine lessor closed an expanded revolving credit facility with US Banks.

Read more: Union Bank Wells Fargo U.S. Bank Willis Lease Charlie Willis

Engine leasing company Willis Lease Finance has expanded an existing credit facility to $345 million. The facility has an interest rate equal to libor plus 2.75%. The five-year facility expires in November 2016.

Charlie Willis, CEO, Willis Lease, says the new facility ups...



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