NEW
YORK, July 9, 2024 /PRNewswire/ -- Ashland Place
Finance LLC ("Ashland Place"), a commercial aviation financing
platform, today announced the completion of two new facilities
financing narrowbody aircraft on lease to each of easyJet and
Volaris for Windward Air Capital ("Windward"), an Ireland-based aircraft investment platform and
Windward's joint venture partner Bain Capital.
"We are pleased to welcome Windward and its JV partner as new
customers to the Ashland Place platform," said Jennifer Villa, Ashland Place's Executive
Director and Group Head. "We are proud to have supported these
transactions and are excited to continue to grow the Ashland Place
platform following our third close in under a month."
Ronan Naughton of Windward added,
"We are appreciative of the seamless process on these transactions
provided by Jennifer and the Ashland Place team. We look forward to
deepening this partnership."
Allen & Overy LLP and Walkers Global served as legal counsel
for Ashland Place and Fafinski Mark & Johnson and Maples Group
represented Windward and Bain on these transactions.
About Ashland Place Finance LLC
Ashland Place
Finance LLC is an institutional financing platform offering
innovative capital solutions to the global commercial aerospace
industry. Ashland Place is a wholly-owned subsidiary of
Davidson Kempner Capital Management LP. Additional
information can be found at:
www.ashlandplace.com.
About Windward Air Capital
Windward Air Capital is an aircraft investment platform
focused on acquiring young Boeing and Airbus aircraft with long
remaining leases to global airlines. Windward Air Capital is based
in Dublin, Ireland.
Media Contact:
Prosek
Partners
pro-davidsonkempner@prosek.com
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SOURCE Ashland Place