Finacity Facilitates $350 Million Receivables Securitization for Seoul Headquartered Korean Air Lines Company, Ltd.
Nov, 2014 by FinacityStamford, CT – November 25th, 2014 – Finacity Corporation (“Finacity”) announced today that it has successfully facilitated a $350 million receivables securitization for Korean Air Lines Company, Ltd. (“KAL”). The securitization has been assigned an ‘Aa3’ rating by Moody’s Investors Service Hong Kong Limited. Finacity will serve on an ongoing basis as the Trust Administrator for the program.
About KAL
Founded in 1969, KAL has grown to become a leader in the global transportation industry. Headquartered in Seoul, KAL operates in 45 countries with 125 destinations around the world. For more information, please visit www.koreanair.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 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 165 countries. For further information, please visit www.finacity.com.
For more information on this transaction, please contact:
Finacity Corporation
Jason Kim
Tel: (203) 428 – 3520
Email: jkim@finacity.com
Latest News
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…
Finacity Facilitates $250 Million Capital One Receivables Securitization Facility for Kellermeyer Bergensons Services
Finacity Corporation (“Finacity”), a White Oak Global Advisors company, announces the closing of a $250 million receivables securitization facility for Kellermeyer Bergensons Services (“KBS”), a leading provider of facility management…
Finacity Facilitates $30 Million Receivables-Based Senior Secured Revolving Credit Facility for Hornblower Group Inc. with Synovus Bank
Finacity Corporation, a White Oak Global Advisors company, announced the successful closing of a $30 million senior secured revolving credit facility for Hornblower Group Inc., a leading global provider of…
Finacity Successfully Facilitates Three New Accounts Receivable Funding Programs with a Combined Total of US $340 million in Committed Capital
Stamford, CT – August 13, 2025 - Finacity Corporation (“Finacity”), a White Oak Global Advisors company, announced that it has successfully launched three new accounts receivables funding programs with a…
Finacity Facilitates Revolving Receivables Finance Facility for Spark Global BT Limited
Finacity Corporation (“Finacity”), a White Oak Global Advisors company, is pleased to announce that it has facilitated the successful launch of a new trade receivables financing facility for Spark Global…