Published:
Finacity Announces an Increase to $105 Million of a Trade Receivable Securitization Facility for The Manitowoc Company
Finacity Corporation ("Finacity") announced
today that it has facilitated the successful increase to $105 million of a
trade receivables securitization for The Manitowoc Company, Inc. (NYSE: MTW).
About The Manitowoc Company, Inc.
The Manitowoc Company, Inc. is one of the world's largest providers of
lifting equipment for the global construction industry, including
lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom
trucks. As a leading manufacturer of ice-cube machines, ice/beverage
dispensers, and commercial refrigeration equipment, the company offers the
broadest line of cold-focused equipment in the foodservice industry. In
addition, the company is a leading provider of shipbuilding, ship repair,
and conversion services for government, military, and commercial customers
throughout the U.S. maritime industry.
More information can be found at http://www.manitowoc.com.
About Finacity Corporation
Finacity Corporation specializes in the structuring and provision of
efficient capital markets receivables funding programs, state-of-the-art
servicing, and bond administration. Finacity is located in the USA and
Europe. For more information about Finacity, please visit www.finacity.com.
Copyright © 2009, MarketWire
Copyright © 2009, NewsBlaze,
Daily NewsTags: ,Aerospace and Defense:ElectronicsandCommunications, AerospaceandDefense:Marinecraft, EnergyandUtilities:Equipment, FinancialServices:InvestmentServicesandTrading, FinancialServices:VentureCapital, ManufacturingandProduction:MachineryandTools, ProfessionalServices:Advertising,PRandMarketing, ProfessionalServices:Engineering, ProfessionalServices:InvestorRelations, RealEstateandConstruction:CommercialRealEstate, RealEstateandConstruction:Construction, TransportationandLogistics:Maritime, TransportationandLogistics:Trucking, ,NYSE0001,NYSE0001,NY,NEW YORK, NY
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