Hyperion Materials & Technologies

Dec, 2020 by Finacity

Stamford, CT – December 14, 2020 – Finacity Corporation (“Finacity”), has successfully launched a USD 40 million receivables securitization program for Hyperion Materials & Technologies, headquartered in Worthington, Ohio. The program includes substantially all of Hyperion’s US sales and a portion of Hyperion’s European sales. Finacity provided origination, analytic and structuring support, and serves as the ongoing Administrator.

 

About Hyperion Materials and Technologies Inc.

Hyperion Materials & Technologies (“HMT”) is a global leader in advanced materials with decades of experience developing and manufacturing tungsten carbide powders, cemented carbide, industrial diamond, and cubic boron nitride products.  HMT was formed in 2014 by Sandvik Hard Materials and Sandvik Diamond Innovations, but in 2017, Sandvik announced its disinvestment to KKR & Co. Inc. which closed in July 2018. HMT has a global footprint with ten production sites on four continents.

HMT also operates a materials analysis laboratory in Worthington, Ohio that offers material characterization and analysis in diamond and polycrystalline diamond (PCD), cubic boron nitride (CBN) and polycrystalline (PCBN) and related materials. It offers carbide recycling programs in which the Company purchases used cemented carbide, solid carbide, wolfram carbide tools and cutters to convert raw materials for future products. The Company serves the aerospace, automotive, chemical, electronics, food and beverage, general manufacturing, hygiene, medical, mining, oil and gas, steel production and toolmaking industries.

For further information please visit: www.hyperionmt.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 US, 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                                                                                 

Jason Kim

Tel: +1 (203) 428 3520

Email: jkim@finacity.com

Tel: +1 (203) 428 3520

Email: jkim@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…