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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 and NORD/LB Announce an Increase to $55 Million for CHC Helicopter’s Trade Receivable Securitization Facility

Feb, 2010 by

Finacity and NORD/LB Announce an Increase to $55 Million for CHC Helicopter’s Trade Receivable Securitization Facility

New York, NY – February 1, 2010 – Finacity Corporation (“Finacity”) announced today that, together with Norddeutsche Landesbank Girozentrale (“NORD/LB”), it has facilitated a successful size increase to $55 million of a European trade receivables securitization for CHC Helicopter.

About CHC Helicopter

CHC Helicopter, headquartered in Canada, is a leading provider of helicopter support to the oil and gas industry, search and rescue, helicopter training, repair and overhaul. CHC Helicopter operates approximately 270 aircraft in 35 countries. More information can be found at www.chc.com

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

About NORD/LB

NORD/LB ranks as number 50 among the world’s banks. From its securitization base in New York, the bank specializes in securitization and other structured transactions for its U.S. and European corporate clients. More information on NORD/LB can be found at www.nordlb.com. For securitization information, call 212-812-6946.

For more information on this transaction please contact:

Tom Heslenfeld, Finacity Corporation
tel 203-428-3519 (USA)
Edward Weber, NORD/LB
tel 212-812-6949 (USA)