FPG and Amentum close first JOL Transaction

Tokyo-based Financial Products Group (FPG) and Dublin-based lessor Amentum Capital have announced the closing of their first JOL transaction for a B737-800 aircraft on lease to the TUI Group. FPG Asset & Investment Management advised on the transaction. FPG acquired 25% of Amentum Capital in November 2013. Amentum CEO Martin Bouzaima said: “It has been a pleasure working with FPG and we are delighted to close our first JOL transaction together, an important milestone for the two companies. We look forward to working closely with FPG going forward as they expand their operating lease activities.”