NEW YORK, NY--(Marketwire - Jun 8, 2011) - Finacity Corporation ("Finacity") announced today that it has facilitated the successful closing of a global trade receivables securitization program for Bunge Limited ("Bunge") (
This program is intended to enhance Bunge's financial flexibility by providing an additional source of funding for its operations.
Finacity helped Bunge to launch the securitization by providing analytic and structuring support, and serves as on-going Administrator providing comprehensive reporting.
The program will be funded through a consortium of four bank-sponsored commercial paper conduits.
About Bunge Limited
Bunge Limited (www.bunge.com) (
About Finacity
Finacity specializes in the structuring and provision of efficient receivables funding programs, state-of-the-art servicing and administration. Finacity conducts business throughout the world. For more information about Finacity, please visit www.finacity.com.
Contact Information:
Finacity
Thomas Heslenfeld (USA)
Tel +1 203 428 3519