Ned Lamont, Governor of Connecticut, Recognizes Finacity Corporation for its 2021 President’s “E” Star Award for Export Service

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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.