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Finacity Facilitates The Renewal Of Usd 100 Million Trade Receivable Funding For Pyxus

Jun 03, 2022over 3 years ago

Amount Raised

$100 Million

Stamford

Description

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.

Company Information

Company

Finacity

Location

Stamford, Connecticut, United States

About

We make the securitization of trade and consumer receivables less complex, more cost-effective and efficient, enabling clients to finance at rates well below their corporate rating equivalent.

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