Willis Lease Finance Corporation (WLFC) announced that its joint venture, Willis Mitsui & Co. Engine Support (WMES), has secured a new US$750 million revolving credit facility. The agreement, signed on October 31, 2025, will remain in place until October 31, 2030.
The five-year facility gives WMES greater financial flexibility. The company will use the funds for general corporate purposes and may request an extension beyond 2030, subject to lender approval. Loans under the deal carry a floating interest rate based on Term SOFR plus a margin.
Hagen S. Disch, Treasurer of WLFC, said the new credit facility boosts the venture’s financial strength and shows lenders’ continued confidence in the partnership. “We are extremely pleased with the successful completion of this new revolving credit facility.”
Akira Kaido, Chairperson and Director of WMES, said: “We are thrilled to announce a new credit facility for WMES as we focus on expanding our strategic growth initiatives. This announcement closely follows the close of our acquisition of Willis Mitsui & Co. Asset Management in June. This credit agreement will help us capitalise on new opportunities with agility and strength.”
WMES, established in 2011 and based in Dublin, is jointly owned by WLFC and Mitsui, each holding a 50% stake. The company provides engine leasing and support services to global airlines and lessors.
By securing this US$750 million facility, WMES strengthens its position in the aviation market. The new funding allows the business to respond faster to emerging opportunities and support its customers more effectively. With solid financial backing and a clear focus on growth, WMES is set to expand its global footprint and reinforce its role as a trusted partner in the aviation industry.
