Finacity, a White Oak Company, facilitated an increase from $1.1 billion to $1.5 billion of the commitment capacity, with an accordion feature of an additional $1 billion, for the accounts receivable securitization program of Bunge Global, a global agribusiness and food company.
As part of the process, Finacity also supported the addition of two new seller countries, Mexico and Poland, and seven new subsidiary company originators for Bunge in its program. Pricing for the program includes premiums or discounts to the applicable margin tied to certain sustainability criteria, including, but not limited to, science-based targets that define Bunge’s climate goals within its operations and a commitment to a deforestation-free supply chain in 2025.
