Finacity Facilitates Daily Reporting for a €1.2 Billion Trade Receivable Securitization for Ineos

New York, NY – November 9, 2010 – Finacity Corporation (“Finacity”) announced today that, together with a consortium of banks, it is facilitating daily reporting for a global trade receivables securitization for Ineos Group Limited (“Ineos”). Finacity provides ongoing ledger monitoring, daily integration and reporting on behalf of 11 selling entities for receivables denominated in 4 currencies. The funding facility provides Ineos cash proceeds of up to €1.2 billion through the ongoing purchase of receivables from Belgian, French, German, Italian, United Kingdom and US

About Ineos Group Limited

Ineos is a global manufacturer of petrochemicals, specialty chemicals and oil products. It comprises 15 businesses each with a major chemical company heritage. Its production network spans 60 manufacturing facilities in 13 countries throughout the world. The management philosophy at Ineos is to operate a simple and decentralized organizational structure, coupled with programs intended to incentivize employees.

About Finacity Corporation

Finacity Corporation specializes in the structuring and provision of efficient capital markets receivables funding programs, state-of-the-art servicing, and bond administration. Finacity is located in the USA and Europe. For more information about Finacity, please visit

For more information on this transaction please contact:

Finacity Corporation

Adrian Katz
Tel: 203-428-3540 (USA)

Latest News

Press Release

Sep 2020

Finacity Arranges a EUR 60 million Receivables Securitization Facility for Kongsberg Automotive ASA

Finacity Corporation (“Finacity”) announces the closing of a trade receivables securitization program for Kongsberg Automotive ASA [OB: KOA] (“Kongsberg Automotive”), the Norwegian supplier to the global automotive industry. The securitization program finances trade receivables originated by the company’s businesses in the US, Canada, France, Poland and Slovakia.

Press Release

May 2020

Finacity Arranges Receivables Securitization for Startek, Inc.

Finacity Corporation (“Finacity”), a member of the Greensill family of companies, announces the close of a trade receivables securitization program for Startek, Inc. (“Startek”) in April 2020. The securitization program finances receivables originated by Startek’s entities in the United States.

Sign up to monthly insights in our newsletter

Subscribe to the Greensill monthly newsletter to discover the latest in news, views and insights in the world of balance sheet optimisation, working capital and supply chain finance. Join the discussion today.