Finacity Arranges EUR 100 Million Receivables Securitization Facility for Germany Headquartered Papier Union and PMF Factoring

Dec, 2015 by Finacity

Stamford, CT – January 5, 2016 – Finacity Corporation (“Finacity”) announced that it has successfully launched a combined receivables securitization program for Papier Union GmbH (“Papier Union”) and PMF Factoring GmbH (“PMF Factoring”), allowing up to EUR 100 million in funding through a leading European bank.

Finacity acted as Joint Arranger and provided analytic and structuring support. It also serves as the transaction’s Administrator.

About Papier Union

Papier Union is part of Inapa, a leading European paper merchant group. The Papier Union group is a service provider for the printing industry, supply partner for office supplies, offers packaging solutions as well as services as a system house for outdoor advertising and display. Papier Union provides tailormade products and services, a proven logistics system geared precisely to clients’ needs and a close client working relationship and competent consulting by 800 employees and a broad local office network. For more information, please visit www.papierunion.de.

About PMF Factoring

PMF Factoring is one of the largest bank-independent factoring companies in Germany, concentrating on medium sized corporations. PMF Factoring began as a subsidiary of Papier Union, but has since become its own entity, contributing its own receivables into the combined securitization program. PMF Factoring’s success has been driven by high consulting competency, transparent rates and fair contract terms. PMF Factoring strives to help their customers concentrate on their core business and watch sales grow. For more information, please visit www.pmf-factoring.de.

About Finacity

Finacity specializes in the structuring and provision of efficient working capital 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 more than 165 countries. For further information, please visit www.finacity.com.

For more information on this transaction, please contact:

Finacity

Info
Tel: (203) 428-3500
Email: Info@finacity.com

Jul 23, 2024
Finacity Facilitates a EUR 50 Million Receivables Securitization Program for Metinvest Trametal and Ferriera Valsider in Italy

Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, announced that it has successfully launched a EUR 50 million receivables securitization program for Metinvest Trametal and Ferriera Valsider, two re-rolling…

Jun 6, 2024
Finacity Upsizes IFRS Off-Balance Sheet Receivables Securitization for Vitro to USD 225 million

Finacity Corporation, a White Oak Company, (“Finacity”) announced that it has successfully upsized its IFRS off-balance sheet trade receivables securitization for Vitro International Investments, S.A. and Vitro, S.A.B. de C.V.…

Jun 4, 2024
Investors and corporates share thirst to tap trade receivables pool

Six of the interviewees in this article, from left in top row: Laurent Christophe, Trafigura; Shaun Baddeley, AFME; Miray Muminoglu, Lloyds. Bottom row: Abigail Deméocq, Crédit Agricole CIB; Dominic Capolongo,…

Jun 3, 2024
Finacity Facilitates a Receivables Securitization Program Upsize for Pyxus International, Inc. to USD 120 million

Finacity Corporation, a White Oak Global Advisors Company, (“Finacity”) announced that it has successfully facilitated a  receivables securitization program upsize from USD 100 million to USD 120 million for Pyxus…

Apr 29, 2024
Finacity Facilitates USD 150 million Receivables Securitization for a Cargo Airline Company

Finacity Corporation, a White Oak Global Advisors Company, (“Finacity”) announced that it has successfully facilitated a USD 150 million receivables securitization program for one of the world's largest air cargo operators. …