Finacity Corp. has extended a MXN 550 million ($44.8 million) variable rate investment grade bond for one of its clients, Vitro Envases Norteamerica (VENA), a 100% owned subsidiary of Vitro.
The securitization program, now in its fifth year, was renewed for an additional two years. Finacity will continue in its role as the deal’s master servicer and bond administrator.