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Finacity Facilitates a Receivables Securitization Program Upsize for Pyxus International, Inc. to USD 120 million
STAMFORD, Conn., June 03, 2024 (GLOBE NEWSWIRE) -- Finacity Corporation, a White Oak Global Advisors Company, ("Finacity") announced that it has successfully facilitated a receivables securitization program upsize from USD 100 million to USD 120 million for Pyxus International, Inc. (OTCPK: PYYX), a global value-added agricultural company. This transaction, which has been continuously outstanding since 2006, consists of a multi-currency and multi-country program and includes trade receivables originated by a US seller and a European seller. Finacity has acted as the administrator since inception, providing structuring and execution support, and is responsible for ongoing ...