Finacity Corporation (“Finacity”) successfully assisted in the expansion of CEMEX, S.A.B. de C.V.’s (“CEMEX”) existing MXN 1.8 billion receivables securitization program in Mexico
Jun, 2021 by FinacityFinacity Corporation (“Finacity”) successfully assisted in the expansion of CEMEX, S.A.B. de C.V.’s (“CEMEX”) existing MXN 1.8 billion receivables securitization program in Mexico by facilitating the addition of new originators / sellers to the program, and extending the program for 1.5 more years. Finacity provided analytic support and advisory services. Finacity serves as the ongoing Administrator for the program.
About CEMEX
CEMEX is a global construction materials company that is building a better future through sustainable products and solutions. CEMEX is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. CEMEX is at the forefront of the circular economy in the construction value chain, and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the use of new technologies. CEMEX offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience, enabled by digital technologies. For more information, please visit: www.cemex.com
About Finacity
Finacity, specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and program administration. Finacity currently facilitates the financing and administration of an annual receivables volume of approximately US$100 billion. With resources in the US, Europe, Asia, and Latin America, Finacity conducts business throughout the world with obligors in 175 countries.
For more information on this transaction, please contact:
Finacity Corporation
Thomas Heslenfeld
Tel: +1 (203) 428-3519
Email: theslenfeld@finacity.com
Finacity Facilitates Euro 12,5 Million Payables Finance Facility for Grupo Bel
Finacity Corporation (“Finacity”), a White Oak Global Advisors company, announces the closing of a Euro 12,5 million Payables Finance Facility (the “Facility”) to support the growth of Portuguese-based Grupo Bel…
Finacity Facilitates US$20 million 5-year Term Securitization for Crediapoyo
Finacity Corporation (“Finacity”), a White Oak Global Advisors company, is pleased to announce that it has successfully facilitated a US$20 million 5-year term securitization of a portfolio of consumer loans…
Finacity Successfully Facilitates a New US $125 million Accounts Receivable Funding Program and a Renewal and Upsize for an Existing Accounts Receivable Securitization Program to US $150 Million
Finacity Corporation (“Finacity”), a White Oak Global Advisors company, announced that it has successfully launched a new US $125 million accounts receivables funding program and facilitated a renewal and upsize…
Finacity Facilitates $250 Million Capital One Receivables Securitization Facility for Kellermeyer Bergensons Services
Finacity Corporation (“Finacity”), a White Oak Global Advisors company, announces the closing of a $250 million receivables securitization facility for Kellermeyer Bergensons Services (“KBS”), a leading provider of facility management…
Finacity Facilitates $30 Million Receivables-Based Senior Secured Revolving Credit Facility for Hornblower Group Inc. with Synovus Bank
Finacity Corporation, a White Oak Global Advisors company, announced the successful closing of a $30 million senior secured revolving credit facility for Hornblower Group Inc., a leading global provider of…