Development Bank of Japan Inc. (hereinafter referred to as "DBJ") is pleased to announce that it has made a preferred equity investment in Willis Lease Finance Corporation (hereinafter referred to as "the Company," headquartered in Coconut Creek, Florida; CEO Austin Willis).
The Company, listed on Nasdaq, is engaged in leasing engines for commercial aircraft, along with providing inspection, maintenance, and parts sales services. With the recent surge in global aviation demand, the need for aircraft and aircraft engines has significantly increased. The Company has successfully captured this growing demand and continues to expand steadily, boasting over 45 years of industry experience.
Since DBJ's initial preferred equity investment in the Company in 2016, we have supported the Company in its collaborations with Japanese enterprises, recognizing it as one of the leading firms in the global aircraft engine sector. This additional investment further deepens our relationship with the Company and aims to invigorate and enhance the competitiveness of Japan's aviation industry.
DBJ will continue to actively support our customers' efforts to expand the aviation industry in Japan and around the world based on our corporate philosophy--"Design the future with financial expertise: Continue to expand financial frontiers; Provide the best solutions for customers and society; Pursue sustainable development for Japan and the world."
Inquiries:
Corporate Finance Department, Division 2
Telephone number: +81-3-3244-1660