NEW YORK, NY--(Marketwired - May 31, 2016) - Finacity Corporation ("Finacity") announced today that it has facilitated the successful renewal and amendment of a global trade receivables securitization program for Bunge Limited (
Finacity helped Bunge by providing analytic and structuring support, and serves as on-going Administrator providing comprehensive reporting.
The program will be funded through certain commercial paper conduit purchasers and committed purchasers. Each committed purchaser's commitment to purchase receivables under the securitization program will terminate on May 26, 2019 unless extended for an additional 1 or 2 year period in accordance with the terms of the receivables transfer agreement.
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