Receivables securitization with off-balance sheet treatment; An Industry case study jointly presented by CYSDA and Finacity Corporation
October 2017 by Darren Davies
Speaker: Antonio Villa
Location: Mexico City, MX
Mexico Trade and Export Conference
Jointly presented by Antonio Villa, Managing Director, Finacity Corporation and Oscar Casas Kirchner, Chief Financial Officer at CYDSA. This deal-specific case study demonstrated how a trade receivables securitization program receives and benefits from off balance sheet treatment under IFRS. Highlights from CYSDA’s transaction included detailed examples of how leverage ratios were lowered while CYSDA simultaneously freed trapped cash.
Visit the conference website at: https://www.gtreview.com/events/americas/mexico-trade-export-finance-conference-2017/
More recent news
Changing Landscape in Risk and Liquidity in Receivables Finance
Macro credit cross-currents impacting trade finance were discussed. Market shifts to more non-bank funding sources were explored. Discussed implications of low rates and low spreads resulting from si ...
Trends in Trading and Trade Finance
New trade finance requirements are being faced by traders from both their clients and suppliers. Ways in which these changing requirements are supported by banks and alternative finance providers, th ...
Trade Finance as an asset class
With consistently high yields and historically low volatility, trade finance assets of all types continue to represent opportunities for a wide range of Fixed Income Investors. While banks continue to ...