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Finacity Facilitates Increase to USD 800 million of Trade Receivable Funding for Bunge

1219 Days ago

STAMFORD, Conn., March 05, 2019 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”) today announced that it has assisted Bunge Limited (“Bunge”), a US-based leading global agribusiness and food company, in the USD 100 million increase of its USD 700 million non-recourse trade account receivable funding program.

About Finacity

Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and program administration. Finacity currently facilitates the financing and administration of an annual receivables volume of approximately US $100 billion. With resources in the USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in 175 countries. For further information, please visit www.finacity.com.

For more information on this transaction, please contact:

Finacity Corporation

Thomas Heslenfeld    
Tel:  +1 203-428-3519  
Email:  theslenfeld@finacity.com  

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