Press Releases
Finacity facilitates daily funding and reporting at an annual run rate of over $100 billion in receivables with obligors in more than 175 countries
$25 Million Trade Receivable Funding Program for INEOS NOVA
Oct, 2010 byFinacity Facilitates a $25 Million Trade Receivable Funding Program for INEOS NOVA
Stamford, CT – October 26, 2010 – Finacity Corporation (“Finacity”) announced today that it facilitated a cross-border trade receivable funding program for INEOS NOVA, LLC (“INEOS NOVA”).
About INEOS NOVA
INEOS NOVA is a world-scale, globally competitive producer of styrene, polystyrene and expandable polystyrene. INEOS NOVA is headquartered in Channahon, Illinois.
About Finacity Corporation
Finacity Corporation specializes in the structuring and provision of efficient capital markets receivables funding programs, state-of-the-art servicing, and bond administration. Finacity is located in the USA and Europe. For more information about Finacity, please visit www.finacity.com.
For more information on this transaction please contact:
Thomas Heslenfeld, Finacity Corporation
Tel 203-428-3519 (USA)