Ashland Place Completes Its Third and Fourth Financing Facilities for Fortress Investment Group and GOAL Aircraft Leasing

Ashland Place Finance LLC (“Ashland Place”), a commercial aviation financing platform, today announced the completion of its third and fourth financing facilities for funds managed by affiliates of Fortress Investment Group (“Fortress”) and GOAL Aircraft Leasing (“GOAL”).

Ashland Place financed Fortress and GOAL’s sale/leaseback of two additional brand new Embraer E195-E2s upon delivery from Embraer and on lease to Canadian regional carrier, Porter Airlines. This follows two other financings announced in July, totaling four transactions through this partnership thus far.

“It’s been a pleasure to continue collaborating with the Fortress and GOAL teams,” said Jennifer Villa, Ashland Place’s Executive Director and Group Head. “Building on the success of our previous transactions earlier this year, this announcement highlights the strength of our growing relationship and our shared commitment to supporting high-quality operators and aviation platforms.”

“We’re pleased to have collaborated with Ashland Place, GOAL and Porter Airlines to help the airline expand its fleet and serve more travelers across Canada and the USA,” said Matthew Mortara, Managing Director at Fortress. “The latest transactions further deepen our collaboration.”

“Our continued work with Ashland Place has underscored their position as a truly best-in-class aviation lender,” said Henrik Jagau, Head of Transaction Management & Strategic Financing at GOAL. “Our enduring partnership demonstrates the value of our cooperative, relationship-based approach and Ashland Place’s ability to deliver creative, efficient financing solutions.”

Vinson & Elkins served as legal counsel for Ashland Place and Vedder Price represented GOAL on these transactions.