Trade Finance as an asset class

SPEAKER: Charles Nahum

LOCATION: Singapore

TXF Singapore 2018

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 have a limited ability to address these opportunities given regulatory and compliance hurdles, these short duration, historically stable assets are attracting a number of non-traditional investors from across the globe.  The panel explores growth in the asset class, certain structural developments that are facilitating much of this expansion as well as some of the challenges that face the sector as it continues to gain momentum.

Visit the conference website at: https://www.txfnews.com/Events/Event/82/TXF-Singapore-2018

Latest News

Press Release

Jul 2022

Finacity Facilitates Increase and Renewal of Accounts Receivable Securitization Program to EUR 300 million for the Greek State-Controlled Public Power Corporation S.A.

Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from EUR 200 million to EUR 300 million of the commitment capacity for the accounts receivable securitization program for Public Power Corporation S.A. [ATHEX: PPC] (“PPC”), the largest Greek electricity generator and the principal supplier of electricity in the country. The securitization program finances consumer and corporate receivables originated by PPC in Greece.

Press Release

Jul 2022

Finacity Facilitates a $70 Million Receivables Securitization Program for American Airlines, Inc.

Finacity Corporation (“Finacity”), a White Oak Company, has successfully facilitated a $70 million receivables securitization program for American Airlines, Inc., headquartered in Fort Worth, Texas. The program focuses on a multi-country, multi-currency portfolio of cargo receivables from certain countries where the airline operates. Finacity provided origination, analytic and structuring support. Finacity serves as the ongoing Administrator for the program.

Press Release

Jun 2022

Finacity Facilitates the Renewal of USD 100 million Trade Receivable Funding for Pyxus

Finacity Corporation (“Finacity”) today announced that it has facilitated the renewal of a $100 million multi-country, two-year committed trade receivables funding program for Pyxus International, Inc. (OTC Pink: PYYX) (“Pyxus”), a global value-added agricultural company and a Finacity client since 2006. The program was renewed at significantly improved pricing levels. Obligor countries include, among others: Indonesia, Korea, Hong Kong, Egypt, Morocco, UAE, Eastern European countries, EU countries, Mexico and the USA.

Press Release

May 2022

Finacity Facilitates $100 Million IFRS Off-Balance Sheet Securitization for Vitro, S.A.B. de C.V.

Finacity Corporation (“Finacity”) announced that it has successfully launched an IFRS off-balance sheet trade receivables securitization for Vitro, S.A.B. de C.V. (“Vitro”) (BMV:VITROA). The transaction allows for up to $100 million in funding of the senior tranche from a U.S. based bank, as well as an initial $1.2 million investment from Finacity Asset Management in the intermediate subordinated note to achieve off-balance sheet treatment.