STAMFORD, Conn., Oct. 02, 2023 (GLOBE NEWSWIRE) Finacity Corporation (“Finacity”), a White Oak Global Advisors Company, has successfully closed an upsize and expansion of its existing $75 million IFRS off-balance sheet receivables securitization program to $100 million for Swissport International AG (“Swissport”), headquartered in Opfikon, Switzerland. The expansion focuses on adding Swissport’s subsidiaries located in Switzerland. The program now provides liquidity to Swissport in the U.S.,
The new facility will support the development of air transport and logistics for central Japan’s Tokai region and will be Swissport’s third domestic base