Perspective
28 March 2014
Finacity closes Archer Daniels Midland trade securitisation
Region:
Europe
Finacity, the trade receivables securitisation specialist, has closed a new securitisation programme with agricultural processing company Archer Daniels Midland (ADM). The programme will provide ADM with cash proceeds of up to €280 million ($380 million) through the on-going purchase of receivables.
