Finacity Corp. recently closed a trade receivables transaction for Papel, Carton y Derivados, a Mexican paperboard and containerboard maker that markets under the slogan "PCD does it for you."

The deal's senior tranche totaled Ps270 million ($27 million), with a maturity of seven years and a rating of ‘mxA' by Standard & Poor's. Pricing was undisclosed, and the deal does not carry a global scale rating. Finacity wore the hats of arranger, master servicer and bond administrator.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.