Finacity’s first Singapore receivables securitisation aids suffering shipping sector

Finacity and ING Belgium have launched a container shipping receivables securization for Neptune Orient Lines NOL),a CMA CGM Group company. The new receivables securitization will facilitate up to $350 million for the Singapore based shipping company. Neptune Orient Lines (NOL) container shipping receivables securization deal, facilitating up to $350 million, has been jointly set up by Finacity and ING Belgium.

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Press Release

Sep 2020

Finacity Arranges a EUR 60 million Receivables Securitization Facility for Kongsberg Automotive ASA

Finacity Corporation (“Finacity”) announces the closing of a trade receivables securitization program for Kongsberg Automotive ASA [OB: KOA] (“Kongsberg Automotive”), the Norwegian supplier to the global automotive industry. The securitization program finances trade receivables originated by the company’s businesses in the US, Canada, France, Poland and Slovakia.

Press Release

May 2020

Finacity Arranges Receivables Securitization for Startek, Inc.

Finacity Corporation (“Finacity”), a member of the Greensill family of companies, announces the close of a trade receivables securitization program for Startek, Inc. (“Startek”) in April 2020. The securitization program finances receivables originated by Startek’s entities in the United States.

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