Finacity Announces an Increase to $550 Million of a Global Freight Receivables Securitisation Facility for Germany Headquartered Hapag-Lloyd Group
Jan, 2020 by FinacityHamburg / London / Stamford, CT – January 7, 2020 – Finacity Corporation (“Finacity”) announces today that it has facilitated the successful increase to $550 million of an existing freight receivables securitization for Hapag-Lloyd Group (“Hapag-Lloyd”). Finacity serves as Arranger, providing analytic and structuring support and as on-going Administrator and Back-up Servicer for this multi-bank facility.
About Finacity
Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, servicing, and bond administration. Finacity currently facilitates the financing and administration of an annual volume of receivables 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, please contact Finacity Corporation:
Info
Tel: (203) 428-3500
Email: Info@finacity.com
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