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Finacity facilitates daily funding and reporting at an annual run rate of over $100 billion in receivables with obligors in more than 175 countries

Finacity, Nord LB launch facility

Dec, 2014 by

Trade receivables securitisation specialist Finacity, in partnership with German bank Nordddeutsche Landesbank Girozentrale (Nord LB), has announced the launch of a trade receivables securitisation facility for container shipping company CMA CGM, allowing up to US$880mn through a syndication of five banks.