Willis Lease Finance Corporation and its direct, wholly-owned subsidiary Willis Engine Structured Trust VI, closed its offering of $336.7 million aggregate principal amount of fixed rate notes (the “Notes”). The Notes were issued in three series, with the Series A Notes issued in an aggregate principal amount of $278.6 million, the Series B Notes issued in an aggregate principal amount of $38.7 million and the Series C Notes issued in an aggregate principal amount of $19.4 million. The Notes are secured by, among other things, WEST’s direct and indirect ownership interests in a portfolio of 29 aircraft engines and one airframe which WEST will acquire from Willis pursuant to an asset purchase agreement. The Series A Notes have a fixed coupon of 3.104%, an expected maturity of approximately eight years and a final maturity date of May 15, 2046, the Series B Notes have a fixed coupon of 5.438%, an expected maturity of approximately eight years and a final maturity date of May 15, 2046 and the Series C Notes have a fixed coupon of 7.385%, an expected maturity of approximately eight years and a final maturity date of May 15, 2046. The Series A Notes were issued at a price of 99.99481% of par, the Series B Notes were issued at a price of 99.99996% of par and the Series C Notes were issued at a price of 99.99869% of par. Principal on the Notes is payable monthly to the extent of available cash in accordance with a priority of payments included in the Indenture. The net proceeds of the Notes will be primarily applied to (i) pay fees and expenses related to the issuance of the Notes and (ii) pay Willis periodically over a 270-day delivery period as consideration for the aircraft engines and the airframe acquired by WEST from Willis in connection with the financing. Willis will apply any net proceeds it receives for general corporate purposes.