CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Instagram Outage Disrupts Thousands of U.S. Users 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
STAMFORD, Conn., March 06, 2017 -- Finacity Corporation (“Finacity”) today announced its successful sourcing of a $5 million USD trade finance line for Luzar Trading S.A., a Panama-based trading house focused especially on the trading of corn, soy, wheat and other agricultural products and their derivatives.
This initial $5 million USD line supports the company’s sales into the Colombian market, and is part of a broader mandate under which Finacity has been engaged to assist Luzar in expanding its global funding relationships more generally. Additional credit facilities and lines are presently under discussion with other financial institutions.
About Luzar Trading S.A.
Luzar is a commodities trader with more than 100 customers across the Americas specializing in agribusiness and supporting animal feed manufacturers for poultry, hog and cattle growers, as well as prawn exporters. Luzar also serves as a charter for its own flows, in addition to third party flows. For further information, please visit www.luzartrading.com
About Finacity
Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and program administration. Finacity currently facilitates the financing and administration of annual receivables volume of approximately $100 billion USD. With resources in the USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in 175 countries. For further information, please visit www.finacity.com.
For more information on this transaction, please contact: Finacity Corporation Thomas Heslenfeld Senior Vice President Tel: +1 (203) 428-3519 [email protected] Jim Leonard Managing Director Tel: +1 (203) 428-3584 [email protected]
