Ashland Place Finance supports acquisition of three Boeing 737-800 freighters

Ashland Place Finance LLC, a commercial aviation financing platform, announced Wednesday the completion of a new facility financing the acquisition of three Boeing 737-800 freighters for Atalaya Capital Management and Crestone Air Partners.

This is the second transaction that Ashland Place has completed with Atalaya and Crestone. Ashland financed a Boeing 777-300ER for Atalaya in August 2022 and four CFM56 engines for Crestone in July 2022.

“The Ashland Place team possess a deep understanding of the industry and how to navigate the current economic environment," said Sebastian Lourier, Crestone's CEO.

Allen & Overy LLP served as legal advisor to Ashland Place, and Pillsbury Winthrop Shaw Pittman LLP served as legal advisor to Atalaya and Crestone.