NEW YORK, NY--(Marketwired - Mar 28, 2014) - Finacity Corporation ("Finacity") announced today that it has facilitated the successful closing of a global trade receivables securitization program for Archer Daniels Midland Company ("ADM") (
This program is intended to enhance ADM's financial flexibility by providing an additional source of funding for its operations.
Finacity helped ADM to launch the securitization by providing analytic and structuring support, and serves as on-going Administrator providing comprehensive reporting.
About Archer Daniels Midland Company
For more than a century, the people of Archer Daniels Midland Company (
About Finacity Corporation
Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, servicing, and bond administration. Finacity currently facilitates the financing and administration of an annual volume of receivables of approximately US $90 billion. With a team in the USA and Europe, Finacity conducts business throughout the world with obligors in 165 countries. For further information, please visit www.finacity.com.