Ashland Place Completes Two New Financing Facilities for Windward Air Capital
NEW YORK, July 9, 2024 – 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.
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