About Willis Lease Finance
Willis Lease Finance Corporation leases spare commercial aircraft engines and aircraft to commercial airlines, aircraft engine manufacturers, air cargo carriers and maintenance, repair and overhaul facilities worldwide. These leasing activities are integrated with the purchase and resale of used and refurbished commercial aircraft engines.
About Global Transport Finance Magazine
The GTF Annual Awards were established to recognize and reward the outstanding commitment and support to the global transport finance industry by the bankers and lawyers who put together the financing deals for airlines, railways, shipping and roads. A panel of judges recognizes bankers, lawyers, transport company professionals and other financial specialists for their contributions to the transport finance sector throughout 2012. The event awarded the most noteworthy transactions of the year across the transport finance sector (aviation, shipping, and rail).About Airline Economics and Aviation News Airline Economics, a publication of Aviation News is a newsletter dedicated to making sure its readers keep up to date with the latest news and developments affecting the global aviation industry. Aside from breaking news articles from around the world, these publications include insightful editorial comment from its expert editorial team that ensures readers get the real story behind the news and what it means for their business. The Airline Economics 'Aviation 100' awards recognize the year's most outstanding performers in the aerospace industry based on votes and top ten rankings across strict criteria. The Deal of the Year awards celebrate the best transactions in aviation financing which closed during 2012. A shortlist of deals is selected using a combination of the survey industry vote and nominations. The shortlist is then discussed with the award committee to select the most outstanding deal for that particular category. The Americas Deal of the Year was awarded to Willis Lease Finance for its WEST II ABS offering, which allowed engine lessor Willis Lease Finance to refinance $390 million for a fixed coupon of 5.50% for ten years. Such a competitive price is testament to the quality of the credit and the assets, while the deal itself has been credited with reopening the stagnant ABS market.
CONTACT: Brad Forsyth Chief Financial Officer (415) 408-4700