STAMFORD, CT--(Marketwired - Oct 13, 2016) - Finacity Corporation ("Finacity") announced that it has successfully launched an IFRS off-balance sheet trade receivables securitization for Valores Químicos, S.A. de C.V., a subsidiary of CYDSA, S.A.B. de C.V. (
About CYDSA
CYDSA (www.cydsa.com) (
About Finacity and FCM
Finacity 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 $100 billion. With resources in the USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in approximately 175 countries. For further information, please visit www.finacity.com. FCM is a funding vehicle dedicated to delivering access to securitization funding for companies with smaller receivables portfolios, together with selected investments in the junior tranches of larger securitization programs.
Contact Information:
For more information on this transaction, please contact:
Finacity
Antonio Villa
US Tel +1 203 428 3510