Finacity Corporation (“Finacity”), a White Oak Company, has successfully facilitated a $70m (£59m) receivables securitisation programme for American Airlines, Inc., headquartered in Fort Worth, Texas. The programme focuses on a multi-country, multi-currency portfolio of cargo receivables from certain countries where the airline operates. Finacity provided origination, analytic and structuring support. It also serves as the ongoing administrator for the programme.
