NEW YORK, Aug. 9, 2022 / -- Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, Atalaya Capital Management ("Atalaya"), and Perilune Aviation, LLC ("Perilune") today announced the financing of a 777-300ER on lease to Ethiopian Airlines.
"We were pleased to partner with Atalaya and Perilune on this transaction," said Jennifer Villa, Ashland Place's Executive Director and Group Head. "We welcome them to our platform and eagerly anticipate further collaborations."
"It was great to work with Jennifer and the Ashland team," said Daniel Rosato, Managing Director at Atalaya. "Our transaction, which required a creative design, came together smoothly because of the collaborative nature of our engagement, which bodes well for the future."
"Working alongside Atalaya with the Ashland Place team was seamless. The speed of execution and professionalism for this complex financing was impressive given the state of capital markets. The Perilune team looks forward to many successful future commercial aircraft financings together," said Carey Wolchok, Managing Director of Perilune Aviation.
Allen & Overy LLP served as legal counsel for Ashland Place, while Pillsbury Winthrop Shaw Pittman served as legal counsel for Atalaya and Perilune in this transaction.