Willis Lease raises $200M through convertible notes offering at 2.50% due 2031

Filed May 18, 2026 · Period ending May 18, 2026 · ~1 min read

Key Changes

• high

  Issued $200 million of 2.50% convertible senior notes maturing in 2031, convertible at $268.80 per share (3.7202 shares per $1,000 note). Interest payable semi-annually starting November 2026.

  Item 1.01 verify on EDGAR →
• high

  Notes convertible only under specific triggers before February 2031, then freely convertible until maturity. Company can settle conversions in cash, stock, or combination at its discretion.

  Item 1.01 verify on EDGAR →
• medium

  Company can redeem notes starting May 2029 if stock price exceeds $349.44 (130% of conversion price) for 20 of 30 trading days. Minimum $75M must remain outstanding after partial redemptions.

  Item 1.01 verify on EDGAR →