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Stock Market & Financial Investment News

News Breaks
March 4, 2013
08:24 EDTWLFCWillis Lease signs 19 engine sale, leaseback deal with Scandanavian Airlines
Willis Lease Finance announced that it has entered into a transaction to purchase and leaseback a total of 19 jet engines with SAS Group subsidiary Scandinavian Airlines. Willis Lease will purchase 11 of the engines and Dublin-based Willis Mitsui & Co Engine Support Limited will purchase the remaining 8 engines. The purchase leaseback transaction is valued at approximately $120M and is scheduled to be completed by the middle of March.
News For WLFC From The Last 14 Days
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November 17, 2015
08:00 EDTWLFCWillis Lease begins modified Dutch auction tender offer for up to $8M of shares
Willis Lease announced that it has commenced a modified "Dutch auction" tender offer repurchase for cash up to 516,129 of shares of its common stock at a price not less than $15.50 per share nor greater than $18.00 per share, for an aggregate purchase price not to exceed $8M. The Tender Offer is subject to the conditions set forth in the offer to purchase, dated November 17, and in the related Letter of Transmittal. The Tender Offer, as approved by the company's board, will expire at 5:00 p.m., New York City time, on December 16.

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