Dr P Singh
- Jun 1, 2020
- 1 min read

Ferroglobe trade receivables securitisation

2018: Trade receivables from across the globe are the security for the securitisation. ING is snr lender, Ferro. holds snr and jnr sub debt and Finacity holds the intermediate sub debt. In addition to getting income on its sub debt, it gets paid for being the administrator and gets an additional fee that gives Ferro a extract the residual income of the transaction.

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