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

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

Press Releases

Take a look at our Press Releases to learn more about what Finacity has accomplished over the years.

Press Release
Jan 2023

Finacity Facilitates $15 Million Off-Balance Sheet Securitization for a White-Label Cloud Platform Technology Company

Finacity Corporation, a White Oak Global Advisors Company, (“Finacity”) announced that it has successfully launched an off-balance sheet trade receivables securitization for a US-based technology company providing white-label cloud platforms for email and advanced messaging services for over 150 network operators and service providers globally

Press Release
Jan 2023

Finacity Facilitates the Renewal & Extension of MXN 1,800,000,000 CEMEX Receivables Securitization Program in Mexico

Finacity Corporation, a White Oak Company, (“Finacity”) successfully assisted in the extension and renewal of CEMEX, S.A.B. de C.V.’s (“CEMEX”) existing MXN 1.8 billion receivables securitization program in Mexico extending the program for 1.5 more years. Finacity provided analytic support and advisory services. Finacity serves as the ongoing Administrator for the program.

Press Release
Jan 2023

Finacity Facilitates the Renewal of USD 550 Million Global Freight Receivables Securitization for Germany-Headquartered Hapag-Lloyd AG

Finacity Corporation, a White Oak Company, (“Finacity”) announces today that they have successfully renewed and extended an existing receivables securitization for another 3 years with Hapag-Lloyd AG (“Hapag-Lloyd”) (FWB: HLAG), a company headquartered in Hamburg, Germany. The facility is collateralized by Hapag-Lloyd’s global freight receivables.

Press Release
Nov 2022

Finacity, a White Oak Company, Upsizes IFRS Off-Balance Sheet Receivables Securitization for Vitro, S.A.B. de C.V. to USD 175 million

Finacity Corporation, a White Oak Company, (“Finacity”) announced that it has successfully upsized its IFRS off-balance sheet trade receivables securitization for Vitro, S.A.B. de C.V. (“Vitro”) (BMV:VITROA). The transaction allows for up to $175 million in funding of the senior tranche from a U.S. based bank, as well as an investment from Finacity Asset Management in the intermediate subordinated note to achieve off-balance sheet treatment. The transaction includes the trade receivables originated by certain subsidiaries of Vitro in the United States of America, Mexico and Canada.

Press Release
Nov 2022

Finacity, a White Oak Company, and DZ BANK Upsize Receivables Securitization for Nitron Group LLC to USD 165 Million

Finacity Corporation, a White Oak Company, (“Finacity”) and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt AM Main, New York Branch (“DZ BANK”) announce that they have successfully upsized a trade receivables securitization for Nitron Group LLC (“Nitron”), a company headquartered in Greenwich, CT. The facility is collateralized by Nitron’s receivables for fertilizer distribution and importation services in Latin America, North America, Europe, and Africa.

Press Release
Sep 2022

Finacity and ING Belgium NV Facilitate Increase of Accounts Receivable Securitization Program to $200 Million for Cushman & Wakefield

Finacity Corporation (“Finacity”), a White Oak Company, and ING Belgium SA/NV announce that they have facilitated an increase from $125 million to $200 million of the commitment capacity for the Accounts Receivables Securitization Program for Cushman & Wakefield Inc. (“C&W”), a leading global real estate services firm headquartered in Chicago, IL.

Press Release
Jul 2022

Finacity Facilitates Increase and Renewal of Accounts Receivable Securitization Program to EUR 300 million for the Greek State-Controlled Public Power Corporation S.A.

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from EUR 200 million to EUR 300 million of the commitment capacity for the accounts receivable securitization program for Public Power Corporation S.A. [ATHEX: PPC] (“PPC”), the largest Greek electricity generator and the principal supplier of electricity in the country. The securitization program finances consumer and corporate receivables originated by PPC in Greece.