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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MUFG Bank Agents $1B Credit Facility for Willis Lease Finance
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Lenders/Participants
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MUFG Union Bank, N.A [Administrative Agent, Joint Lead Arranger, Joint Bookrunner, Security Agent]
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Structure
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Revolving Credit Facility
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Amount
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$1.000
Billion
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Borrower(s)
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Willis Lease Finance Corporation
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Description
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The facility has a 5-year term and is structured with the flexibility to support WLFC’s growing business. Willis Lease and its subsidiaries will use the expanded credit facility to continue growing its lease portfolio, which included nearly $2.0 billion of owned and managed assets as of March 31, 2019.The $1.0 billion revolving credit facility has a $300 million accordion feature allowing for expansion up to $1.3 billion. The facility is provided by a syndicate of seventeen banks.
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Industry
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Aircraft Leasing
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| Related Tags |
MUFG Bank
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ABL Advisor
Deal Tables
2024
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