Last Updated April 16, 2012
Alliance One has once again increased its trade receivables securitisation to US$250mn with the help of Finacity Corporation and Nord LB.
This time around, Standard Chartered has joined the programme’s third extension, which has increased to twice its original size and holds a five-year extended tenor.
The first transaction of US$55mn − set to mature in March 2013 – closed in 2006 and was extended to US$100mn in 2008.
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