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Finacity Facilitates EUR 50 Million Receivables Securitization Program for Metinvest Trametal and Ferriera Valsider

Jul 22, 2024almost 2 years ago

Contract Type

partnership

StamfordFinancial ServicesFinanceLending

Description

Finacity Corporation has successfully launched a EUR 50 million receivables securitization program for Metinvest Trametal and Ferriera Valsider, two re-rolling steel mills headquartered in Genoa, Italy, which are part of Metinvest Group.

Company Information

Company

Finacity Corporation

Location

Stamford, Connecticut, United States

About

Finacity, a White Oak Company, specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and bond administration. Finacity currently facilitates the financing and administration of an annual receivables volume of approximately US $200 billion. With resources in the USA, Europe, Latin America, and Asia, Finacity conducts business throughout the world with obligors in 175 countries. Finacity is affiliated with White Oak Global Advisors, LLC, a leading alternative debt manager specializing in originating and providing financing solutions to facilitate the growth, refinancing, and recapitalization of small and medium enterprises. For further information, please visit www.finacity.com. For more information on this transaction, please contact:

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