Bunge Closes $700m Trade Receivables Via Financity

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Global agribusiness and food company Bunge Limited recently closed a program for the securitization of its trade receivables to the tune of $700 million, according to a press release from Finacity Corporation, which was the program structurer and administrator.

Funding will come from four bank-sponsored commercial paper conduits. Bunge is headquartered in White Plains, New York.


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