Willis Lease Finance entered into a Purchase and Sale Agreement to acquire the equity of entities holding a portfolio of 12 commercial aircraft and 13 spare engines for $379.3 million, subject to customary locked-box and closing adjustments. The deal, signed July 10, 2026, includes a $10 million deposit, a $1.5172 million holdback for nine months, and a post-closing true-up; closing is expected in Q3 2026, no earlier than August 24, 2026, with an outside date of September 8, 2026. Willis Lease Finance obtained representations and warranties insurance and provided a parent guarantee. The company plans to allocate ten engines and six aircraft to subsidiaries of its joint ventures or managed vehicles.
Agreement details:
- Agreement type: Purchase and Sale Agreement for acquisition of entities holding 12 aircraft and 13 engines
- Counterparty: WNG International Master Fund II and WNG II Aircraft Management
- Signed / Effective: Jul 10 2026 / same
- Duration / Termination: N/A
- Reason: Expand aircraft and engine leasing portfolio and support JV deployment
Original SEC Filing:
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