Finacity Announces the Launch of a $350 Million Global Freight Receivables Securitization Facility for Germany Headquartered Hapag-Lloyd Group
Nov, 2013 by FinacityHamburg / London / New York – 13th November 2013 – Finacity Corporation (“Finacity”) announces today that it has facilitated the successful launch of a new $350 million freight receivables securitization for Hapag-Lloyd Group (“Hapag-Lloyd”), a leading global liner shipping company, to replace their existing North American facility. Finacity served as Arranger, providing analytic and structuring support and serves as ongoing Administrator and Back-up Servicer for this multi-bank facility.
About Finacity
Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, servicing, and bond administration. Finacity currently facilitates the financing and administration of an annual volume of receivables of approximately US $75 billion. With a team in the USA and Europe, Finacity conducts business throughout the world with obligors in 165 countries. For further information, please visit www.finacity.com.
For more information on this transaction please contact:
Info
Tel: (203) 428-3500
Email: [email protected]
Latest News
Finacity Facilitates MXN$ 280 Million Consumer Loan Sale for Crediapoyo
Finacity Corporation (“Finacity”), a White Oak Global Advisors company, is pleased to announce that it has successfully facilitated the sale of a MXN$ 280 million portfolio of consumer loans originated…
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.…