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Finacity Facilitates Increase and Expansion of Accounts Receivable Securitization Program to $1.5 Billion with a $1 Billion Accordion Feature for Bunge
BGBunge SA(BG) Newsfilter·2024-01-03 13:30

STAMFORD, Conn., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Finacity Corporation ("Finacity"), a White Oak Company, today announced that it has facilitated an increase from 1.1billionto1.1 billion to 1.5 billion of the commitment capacity, with an accordion feature of an additional $1 billion, for the Accounts Receivable Securitization Program ("Program") of Bunge Global SA ("Bunge"), a leading global agribusiness and food company. As part of the process, Finacity also supported the addition of 2 new seller countries, Mexico ...