Finacity Facilitates a Trade Receivables Funding Program for Portugal Headquartered Altri SPGS S.A.
Nov, 2011 by Finacity7 November 2011
Finacity Corporation (“Finacity”) announced it has successfully arranged and structured a trade receivables funding program for Altri SPGS S.A. (“Altri”). The syndicated funding facility, launched this week, optimizes financing against Altri’s domestic and international trade receivables.
About Altri
Altri is a leading Portugal based pulp producer, focused on the production of bleached eucalyptus pulp. The company operates three pulp mills, namely Celbi, Caima and Celtejo, which jointly have the capacity to produce over 900,000 tones of pulp per annum. The company prides itself on being one of the lowest cost producers in Europe. Altri is listed on Euronext Lisbon and is a member of its main index, the PSI20. For more information about Altri, please visit www.altri.pt.
About Finacity Corporation
Finacity Corporation specializes in the structuring and provision of efficient receivables funding programs, state-of-the-art servicing and administration. Finacity conducts business throughout the world. For more information about Finacity, please visit www.finacity.com.
For more information on this transaction please contact:
Finacity Corporation
Info
Tel: (203) 428-3500
Email: Info@finacity.com
Jim Leonard
Tel: +1 203 428-3584 (USA)
Email: jleonard@finacity.com
Finacity Facilitates an up to USD 50 Million Lender Finance Programme for Volo Fin Pte Ltd
Finacity Corporation, a White Oak Global Advisors Company (“Finacity”), announced today that it has successfully facilitated a new Lender Finance Program for Volo Fin Pte Ltd (“Volo Fin”), a leading…
Finacity Facilitates an Amendment and Increase for the Accounts Receivable Securitization Program to $45 Million for Hyperion Materials & Technologies Inc.
Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from $40 million to $45 million for the commitment capacity of the Accounts Receivable Securitization…
Finacity Facilitates a EUR 50 Million Receivables Securitization Program for Metinvest Trametal and Ferriera Valsider in Italy
Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, announced that it has successfully launched a EUR 50 million receivables securitization program for Metinvest Trametal and Ferriera Valsider, two re-rolling…
Finacity Upsizes IFRS Off-Balance Sheet Receivables Securitization for Vitro to USD 225 million
Finacity Corporation, a White Oak Company, (“Finacity”) announced that it has successfully upsized its IFRS off-balance sheet trade receivables securitization for Vitro International Investments, S.A. and Vitro, S.A.B. de C.V.…
Investors and corporates share thirst to tap trade receivables pool
Six of the interviewees in this article, from left in top row: Laurent Christophe, Trafigura; Shaun Baddeley, AFME; Miray Muminoglu, Lloyds. Bottom row: Abigail Deméocq, Crédit Agricole CIB; Dominic Capolongo,…