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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