Finacity Facilitates EUR 26 mln of Trade Receivable Funding for URALITA
Nov, 2015 by FinacityMadrid / London / New York – 28th July 2014 – Finacity Corporation (“Finacity”) announces today that it has facilitated a series of European trade receivable funding programs for Uralita S.A. (“Uralita”) (BME: URA), a Spain based multinational producer of building materials. The receivable funding programs provide financing for Uralita’s subsidiaries in France, Spain, and Belgium using multiple funding institutions.
About Uralita
Uralita is a multinational group of light building materials, focusing on sustainability both through improved energy efficiency in buildings and through efficient water management. The group is one of the key European players in the insulation business arena and it holds leading positions in its other businesses, mainly in the Iberian Peninsula: gypsum, pipes and roof tiles. In 2013 Uralita’s turnover was 576 million euros, of which 51% were generated in Western and Central Europe, 22% in Spain and 27% in Eastern Europe and Russia. Uralita has 30 production plants in 10 different countries and is present in over 20 countries with a workforce of 2,800 employees. The group is listed on the Spanish stock exchange and its headquarters are located in Madrid.
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 $95 billion. With resources in the USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in 165 countries. For further information, please visit www.finacity.com.
For more information on this transaction please contact:
Finacity
Daniel Stádník
Tel: +44-(0)20-3411 2539
Email: dstadnik@finacity.com
Jim Leonard
Tel: +1- (203) 428-3584
Email: jleonard@finacity.com
Finacity Facilitates MXN 300 Million Loan Sale for Crediapoyo
Finacity Corporation (“Finacity”), a White Oak Global Advisors company, is pleased to announce that it has successfully facilitated the sale of a MXN$ 300 million portfolio of consumer loans originated…
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…
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…
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…
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…