Finacity facilitates daily funding and reporting at an annual run rate of over $100 billion in receivables with obligors in more than 175 countries
Take a look at our Press Releases to learn more about what Finacity has accomplished over the years.
Finacity Corporation (“Finacity”) and DZ Bank AG Deutsche Zentral-Genossenschaftsbank (“DZ BANK”) announce that they have successfully launched a trade receivables securitization for Audacy, Inc. (“Audacy”), a New York Stock Exchange listed company headquartered in Philadelphia, PA.
Finacity Corporation (“Finacity”) successfully assisted in the expansion of CEMEX, S.A.B. de C.V.’s (“CEMEX”) existing MXN 1.8 billion receivables securitization program in Mexico by facilitating the addition of new originators / sellers to the program, and extending the program for 1.5 more years.
Finacity Corporation (“Finacity”) has successfully launched a receivables securitization program for another international airline.
Finacity Corporation (“Finacity”) has successfully launched a US$100 million receivables securitization program for an international airline.
Finacity has assisted with the launch of a new financing program for Austin Business Finance LLC (trading as “GetBackd”), a nationwide SME commercial lender.
Finacity has successfully launched a USD 40 million receivables securitization program for Hyperion Materials & Technologies, headquartered in Worthington, Ohio. The program includes substantially all of Hyperion’s US sales and a portion of Hyperion’s European sales. Finacity provided origination, analytic and structuring support, and serves as the ongoing Administrator.
Finacity Corporation (“Finacity”) has successfully launched a EUR 75 million receivables securitization program for Metinvest Trametal and Ferriera Valsider, two re-rolling steel mills headquartered in Genoa, part of Metinvest. Finacity provided origination, analytic and structuring support, and serves as the ongoing Administrator.
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.
Pyxus International, Inc. (“Pyxus”), a client of Finacity Corporation (“Finacity”), successfully completed its reorganization in only 70 days. Originally filing on June 15, 2020, the company emerged on August 24, 2020 with its debt reduced by more than $400 million and maturities extended.