Vibrantz completes US$140 million new STS trade receivables securitisation and €10 million trade receivables factoring programme
Client(s) Vibrantz Corporation
Jones Day assisted Vibrantz Corporation in relation to a new (i) US$140 million cross-border STS trade receivables securitization transaction with ING Belgium NV/SA and NORD/LB and (ii) €10 million bilateral factoring programme with ING Commercial Finance.