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Stock Market & Financial Investment News

News Breaks
September 10, 2012
09:06 EDTWLFCWillis Lease Finance expands revolving credit facility to $430M
Willis Lease Finance announced that it increased its revolving credit facility to $430M from $345M. The credit facility, with an interest rate equal to the one-month LIBOR plus 2.50%, is available to Willis Lease on a revolving basis for the next four years through November 2016. This and other credit facilities support the company and its subsidiaries in financing its lease portfolio, which stood at $970M as of June 30, 2012.
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