Selected Deals & Projects
NOV 2024
Leading European Agricultural Commodity Trading Group
USD 1 Billion Account Receivables Securitisation
- Led implementation, engaging four major European investment banks, and working with client to streamline transaction data and business processes
- Advised on achieving STS compliance and IFRS off-balance sheet treatment though the sale of a junior tranche
OCT 2024
Invoice Discounting Financial Institution
GBP 20 Million Warehouse Financing Facility
- Prepared receivables data analysis
- Working with client to identify suitable funders
JUN 2024
Singapore Headquartered Trading Group
USD 25 Million Supply Chain Financing (SCF) Facility
- Led Request for Pricing (RFP) process with funders
- Working with SCF platform provider to integrate client and supplier data
APR 2023
EU Headquartered Chemicals Group
EUR 180 Million Receivables Securitisation
- Prepared critical analysis of existing receivables securitisation program
- Advised client on implementing changes to the program structure and the funding bank facility terms
FEB 2022
International Integrated Security Company
GBP 200 Million Receivables Securitisation
- Performed data analysis of global trade receivables portfolio and potential securitisation terms
- Carried out critical assessment of bank receivables securitisation term sheet proposals
JAN 2022
Multinational Agricultural Industrial Group
USD 150 Million Receivables securitisation
- Led implementation, engaging European investment bank to fund the transaction
- Worked alongside reporting agent to streamline transaction data and business processes across 15 jurisdictions
- Worked with credit insurance provider to maximise cover to allow for IFRS off-balance sheet treatment
MAR 2021
Leading Container Shipping and Logistics Group
USD 2.1 Billion Accounts Receivable Securitisation
- This transaction is for a leading Europe headquartered group that provides worldwide containerised transportation services
- The implementation of the transaction involved the integration and expansion of the group’s existing receivables financing facilities
- Funding was through a multi-bank syndication and incorporates both billed and unbilled receivables, 30 currencies, 4 ERP systems and 68 obligor countries and selling jurisdictions
AUG 2019
Zim Integrated Shipping Services
USD 90 Million Factoring Program
- ZIM Integrated Shipping Services Limited, headquartered in Israel, is an international container shipping group that provides services in over 120 countries, worldwide
- This multi-jurisdiction trade receivables factoring program is funded by a leading Israeli bank
DEC 2018
Neptune Orient Lines Limited
USD 550 Million Accounts Receivable Securitisation
- Neptune Orient Lines was founded as Singapore’s national shipping line and is now part of the CMA CGM Group
- This cross-border container shipping receivables securitisation is funded by a leading European bank
AUG 2018
CMA CGM
USD 1.25 Billion Accounts Receivable Securitisation
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- CMA CGM, headquartered is France, is one of the world’s leading container shipping and logistics groups
- This cross-border container shipping receivables securitisation is funded by a syndication of multinational banks
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FEB 2018
Hapag-Lloyd AG
USD 550 Million Accounts Receivable Securitisation
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- Hapag-Lloyd, headquartered is Germany, is among the world’s leading container shipping groups
- This multicurrency cross-border receivables securitisation is funded by a syndicate of European banks
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DEC 2015
Papier Union and PMF Factoring GmbH
EUR 100 Million Accounts Receivable Securitisation
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- Papier Union is a a leading European merchant group and one of the largest paper companies in Germany
- PMF Factoring began as a subsidiary of Papier Union but has since become an independent entity
- The receivables from these two companies, in distinctly different businesses, are combined in a single securitisation program
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OCT 2015
Zim Integrated Shipping Services
USD 100 Million Accounts Receivable Securitisation
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- ZIM Integrated Shipping Services Limited, headquartered in Israel, is an international container shipping group that provides services in over 120 countries, worldwide
- This receivables securitisation facility was put in place as part of a post-debt restructuring financing plan
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NOV 2013
Global Shipping Company
USD 600 Million Accounts Receivable Securitisation
- This transaction is for one of the world’s largest shipping groups, headquartered in Europe
- This 3-year, multicurrency facility, structured to ‘AA’ S&P rating criteria, is funded by a syndicate of 4 international banks
SEP 2012
Sonae Industria SA
EUR 100 Million Accounts Receivable Securitisation
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- Sonae Industria is one of the world’s largest wood-based panel production companies, serving the construction, furniture and decoration sectors
- This securitisation transaction comprises export trade receivables originating in 6 European countries with obligors worldwide
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APR 2012
Netafim
EUR 4 Million Invoice Factoring Program
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- Netafim is the global leader in technology driven drip-irrigation. Founded in 1965, with headquarters in Israel, Netafim introduced the world’s first drip irrigation solution
- This transaction is funded by a leading European factoring company
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NOV 2011
Altri SGPS SA
EUR 60 Million Invoice Factoring Program
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- Altri is a leading Portugal-based pulp producer focused on the production of bleached eucalyptus pulp
- The funding of this factoring program, incorporating both domestic and international receivables, is syndicated
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JAN 2011
Inapa SA
EUR 20 Million Invoice Factoring Program
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- Inapa is a leading European paper supplier, headquartered in Portugal
- This factoring facility is specific to the group’s Spanish subsidiary
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