Finacity & DZ Bank Renew a Receivables Securitization of up to USD 125 million for Alliance One International (NYSE: AOI)

May, 2019 by Finacity

Stamford, CT – June 8, 2018 – Finacity Corporation (“Finacity”) and DZ Bank announce they have successfully renewed a trade receivables securitization for Alliance One International (“AOI”), headquartered in Morrisville, NC, USA. The facility allows for up to USD $125 million in funding.

Finacity provided analytic support, co-structured the transaction, and serves as the ongoing Transaction Administrator; DZ Bank co-structured the transaction and it was funded via Autobahn Funding (DZ Bank conduit).

About Alliance One International

Alliance One International, Inc. purchases, processes, packs, stores, and ships leaf tobacco for manufacturers of cigarettes and other consumer tobacco products worldwide. It operates in five segments: Africa, Asia, Europe, North America, and South America. The company is involved in processing and selling flue-cured, burley, and oriental tobaccos, which are used in international brand cigarettes. It also provides agronomy services for growing leaf tobacco. The company was founded in 1904 and is headquartered in Morrisville, North Carolina.

About Finacity and Finacity Capital Management

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 USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in 175 countries. For further information, please visit www.finacity.com.

About DZ Bank

DZ Bank AG, a central and commercial bank, provides various financial products and services to retail, corporate, and institutional customers in Germany and internationally. It offers retail banking securities services; payments processing services; lending, leasing, and investment products; consumer finance services; and commercial real-estate finance. The company also provides investment and risk management products. The company functions as a central institution for approximately 850 cooperative banks and their 10,000 branch offices. DZ Bank AG is based in Frankfurt am Main, Germany.

For more information on this transaction, please contact:

Finacity

Thomas Heslenfeld
Tel: 1 (203) 428-3519
Email: theslenfeld@finacity.com

DZ Bank

Jayan Krishnan
Tel: 1 (212) 745-1678
Email: jayan.krishnan@dzbank.com

Apr 5, 2024
Finacity Facilitates the Upsize and Renewal of a $250 Million IFRS Off-Balance Sheet Securitization for Votorantim Cimentos North America

Finacity Corporation (“Finacity”), a White Oak Company, announced today that it has successfully renewed and upsized its existing IFRS off-balance sheet trade receivables securitization for Votorantim Cimentos North America Inc.…

Mar 19, 2024
Finacity Facilitates a USD 30 Million Receivables-Based Loan Program for Novaria Holdings LLC with Synovus Bank

Finacity Corporation (“Finacity”), a White Oak Company, and Synovus Bank (“Synovus”) today announced that they have successfully arranged and closed a USD 30 million receivables-based loan program for Novaria Holdings…

Feb 22, 2024
Finacity Reaches Record Milestone: $1 Trillion of Trade Receivables Financed Over the Past 5 Years

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated the funding of more than $1 trillion of trade receivables over the past 5 years on behalf…

Jan 3, 2024
Finacity Facilitates Increase and Expansion of Accounts Receivable Securitization Program to $1.5 Billion with a $1 Billion Accordion Feature for Bunge

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from $1.1 billion to $1.5 billion of the commitment capacity, with an accordion feature of…

Dec 15, 2023
Finacity Facilitates MXN 1 Billion Securitization for Laboratorios Sanfer, S.A. de C.V.

Finacity Corporation (“Finacity”) announced that it has successfully launched a trade receivables securitization for Laboratorios Sanfer, S.A. de C.V. (“Sanfer”).  The transaction amount is MXN 1 billion, it has a…