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

Extends Global Trade Receivables Securitization Program for Fortune 100 Client

Oct, 2006 by

Finacity Corporation Extends Global Trade Receivables Securitization Program for Fortune 100 Client

New York, USA, October 30, 2006 – Finacity Corporation announced that it successfully extended a significant trade receivables securitization transaction for one of its clients, a Fortune 100 company. This complex funding facility supports receivables associated with obligors in Asia, Europe, South America and North America.

 

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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:
– Adrian Katz, Finacity Corporation
– tel 203-428-3540 (USA)