Finacity Announces an Increase to $125 Million of a Trade Receivables Securitization Facility for C&W Services
August 2018 by Finacity
Stamford, CT – August 27, 2018 – Finacity Corporation (“Finacity”) announces that it has facilitated the successful increase to $125 million of an existing trade receivables securitization for C&W Facility Services Inc. (“C&W Services”), a business unit of Cushman & Wakefield plc headquartered in Chicago, IL. The increase was primarily the result of integrating Cushman & Wakefield PTY Ltd. (Australia) into the existing facility.About C&W Services
C&W Services is one of the largest facility services companies in the USA & Canada with a 65 year history of helping clients drive down operating expenses, increase facility efficiency, and enable strategic business decisions. Services are janitorial, maintenance, critical environments, landscaping, and office services. Formed by the merger of Cushman & Wakefield and DTZ, C&W Services is the only firm in commercial real estate to self-deliver facility services.About Finacity
Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and program administration. Finacity currently facilitates the financing and administration of an annual receivables volume of approximately US $100 billion. With resources in the USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in 175 countries. For further information, please visit www.finacity.com.
For more information on this transaction, please contact:Finacity Corporation
More recent news
Finacity Facilitates USD 90 Million Receivables Factoring Program for ZIM Integrated Shipping Services
Finacity Corporation (“Finacity”), a member of the Greensill family of companies,has successfully launched a multi-jurisdiction trade receivables factoring program for ZIM Integrated Shipping Serv ...
Finacity Facilitates the Addition of UK Entities to USD $115 Million Receivables Securitization for Volt Information Sciences, Inc. (NYSE:VISI)
Finacity Corporation (“Finacity”), a member of the Greensill family of companies, and DZ Bank AG Deutsche Zentral-Genossenschaftsbank (“DZ Bank”) announces the addition of Volt Information Sci ...
Finacity Facilitates up to EUR 75 Million Receivables Securitization Program for Green Network in Italy
Finacity Corporation (“Finacity”), part of the Greensill family of companies, has successfully launched a receivables securitization program for Green Network S.p.A. (“Green Network”), a compa ...