Global Crossing Airlines closes $6 million financing

Global Crossing Airlines Group has closed its previously announced private placement of $6 million in non-convertible debentures. The lead investor in the Offering was Alterna Capital Partners, through an affiliate of Alterna Core Capital Assets Fund II, L.P. Alterna is a real asset investor with a specific focus on transportation assets. The investment represents Alterna’s commitment to support GlobalX with its growth strategy and is made in conjunction with various leasing partnerships. Alterna was founded in 2007 and currently manages over US$600 million across two private equity funds, one credit fund and co-investments. The securities sold in the Offering consisted