Finacity Facilitates MXN$525 Million IFRS Off-Balance Sheet Securitization for Valores Químicos, a subsidiary of CYDSA - Mexico

Oct, 2016 by Finacity

Stamford, CT – October 13, 2016 – Finacity Corporation (“Finacity”) announced that it has successfully launched an IFRS off-balance sheet trade receivables securitization for Valores Químicos, S.A. de C.V., a subsidiary of CYDSA, S.A.B. de C.V. [BMV: CYDSASA] (“CYDSA”). The transaction allows for up to MXN$525 million in funding of a senior tranche from two Mexican banks and an investment from Finacity Capital Management (“FCM”) in an intermediate subordinated note. The securitization has been assigned a local AAA rating by HR Ratings de México, S.A. de C.V. Finacity provided structuring and execution support and is responsible for ongoing program administration and reporting.

About CYDSA

CYDSA (www.cydsa.com, BMV: CYDSASA) is one of Mexico’s largest chemical companies, and through its subsidiaries produces and markets salt, caustic soda, chlorine and refrigerant gases. It also produces electricity and steam in its cogeneration business. CYDSA is based in Monterrey, Mexico, has 20 subsidiaries in 8 cities throughout the country, and exports its products to more than 20 countries.

About Finacity and FCM

Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and bond 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 approximately 175 countries. For further information, please visit www.finacity.com. FCM is a funding vehicle dedicated to delivering access to securitization funding for companies with smaller receivables portfolios, together with selected investments in the junior tranches of larger securitization programs.

For more information on this transaction, please contact:

Finacity

Antonio Villa
Tel: +1 203 428 3510
Email: avilla@finacity.com

Jun 11, 2025
Finacity Facilitates MXN 300 Million Loan Sale for Crediapoyo

Finacity Corporation (“Finacity”), a White Oak Global Advisors company, is pleased to announce that it has successfully facilitated the sale of a MXN$ 300 million portfolio of consumer loans originated…

Jun 10, 2025
Finacity Facilitates MXN 350 million Securitization for Grupo Pochteca, S.A.B. de C.V.

Finacity Corporation (“Finacity”), a White Oak Global Advisors company, announced that it has successfully launched a trade receivables securitization for Grupo Pochteca, S.A.B. de C.V. (“Pochteca”). The transaction amount is…

Jun 9, 2025
Finacity and Santander CIB Facilitate a 3-Year EUR 81.5 Million Receivables Securitization for The Vita Group

Finacity Corporation (“Finacity”) a White Oak Global Advisors company, and Santander CIB announce a successfully launched trade receivables securitization renewal for The Vita Group (“Vita”), a United Kingdom headquartered leading…

Mar 17, 2025
Finacity Facilitates a US$ 30 Million Payables Finance Facility for ARZYZ Metals

Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, announced today that it has successfully facilitated a new payables finance facility for use by ARZYZ USA, Inc., a U.S. subsidiary…

Jan 6, 2025
Finacity Announces Receipt of The CT District Export Council Award

Finacity Corporation (“Finacity”), a White Oak Global Advisors company, today announced that it was honored to receive the 2024 Connecticut District Export Council (“DEC”) Award at the Connecticut Manufacturing Summit…