Ashland Place Announces New Financing Facility for Pulsar Aero Global
Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, is pleased to announce the completion of a new financing facility involving three 2010-12 vintage 737-800s for Pulsar Aero Global ("Pulsar"). The aircraft are currently on operating lease to major European operators.
Pulsar specializes in the management of mid-life narrowbody aircraft, freighters and engines - interacting with customers globally through its locations in Dublin, London, Singapore and Sydney. The transaction continues the strategic growth of Pulsar's portfolio of assets under management.
Jennifer Villa Tennity, Ashland Place's Executive Director and Group Head, said, "We are delighted to partner with Pulsar in this transaction as we continue to support the aviation industry's growth and recovery."
Allen & Overy LLP served as legal counsel for Ashland Place and K&L Gates London represented Pulsar on this transaction.