Finacity Facilitates EUR 18 million of Trade Receivable Funding for Spain’s Deoleo, S.A.
Apr, 2017 by FinacityStamford, CT – April 3rd, 2017 – Finacity Corporation (“Finacity”) today announced that it has facilitated a EUR 18 million non-recourse trade receivable funding program for Deoleo S.A. (“Deoleo”), a Spain-based leading global producer of olive oil. The program provides financing for both domestic and export receivables from Deoleo’s Spanish operating entity, and replaces another facility that expired in December.
About Deoleo
Deoleo, S.A. manufactures, markets, and sells olive oil worldwide. The company offers olive oil under the Bertolli, Carapelli, Carbonell, Hojiblanca, Koipe, Sasso and Koipesol brands. It also provides seed oils, table olives, vinegars, and sauces; frying oil under the Friol brand; and corn oil under the Maya brand. The company was founded in 1990 and is headquartered in Madrid, Spain. Its products are sold in more than 100 countries. For further information, visit www.deoleo.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 USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in 175 countries. For further information, please visit www.finacity.com.
For more information on this transaction, please contact:
Finacity Corporation
Daniel Stádník
Tel: +44-(0)20-3411 2539
Email: dstadnik@finacity.com
Jim Leonard
Tel: +1- (203) 428-3584
Email: jleonard@finacity.com
Finacity Facilitates the Renewal of USD 550 Million Global Freight Receivables Securitization for Germany-Headquartered Hapag-Lloyd AG (FWB: HLAG)
Finacity Corporation (“Finacity”), a White Oak Global Advisors company, announces today that it has successfully renewed and extended an existing receivables securitization for another three years with Hapag-Lloyd AG (“Hapag-Lloyd”),…
Finacity Facilitates Revolving $25,000,000 EV Subscription Auto Lease Finance Facility for Autonomy
Finacity Corporation (“Finacity”), a White Oak Global Advisors company, is pleased to announce that it has facilitated the successful launch of a new $25,000,000 EV subscription auto lease receivables financing…
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…