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ANZAG – factoring solution
26 March 2010
Double strength factoring solution
MLA: Deutsche Bank
Borrower: Andreae-Noris Zahn AG (ANZAG)
Factors: Postbank Factoring, Eurofactor
Amount: e130 million
Tenor: revolving factoring facility |
This is ground-breaking structure for a German factoring deal that deserves full recognition. Deutsche Bank with two leading factoring houses in Postbank Factoring and Eurofactor created an unusual streamlined factoring facility that not only supplied much needed financing to a performing corporate but also had an immediate effect on ANZAG’s balance sheet and working...
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