After more than a year's delay, Willis Lease Finance Corp. plans to bring the first-ever pooled aircraft-engine lease securitization, the company announced last week. Initially slated to come to market this time last year, the offering was subsequently derailed by Sept. 11.

Structuring agent UBS Warburg will act as bookrunner for the transaction, with co-lead managers Barclays Capital and Fortis Bank N.V. The offering comes in conjunction with a $200 million revolving warehouse facility Willis closed last Tuesday through Barclays and Fortis.

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