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ABS

Finacity, NORD/LB Up Alliance One Facility to $125m

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Finacity Corp. announced today in a release that it had paired with Germany’s Norddeutsche Landesbank Girozentrale (NORD/LB) to increase an existing trade-receivables securitization for Alliance One international from $100 million to $125 million.

U.S.-based Alliance One buys, processes, stores and sells leaf tobacco to cigarette manufacturers and other tobacco products globally.

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