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J Sainsbury – accounts receivable purchase
26 March 2010
Supporting core suppliers
MLA: Royal Bank of Scotland
Borrower: J Sainsbury
Amount: £300 million (2 tranches)
Tenor: Revolving 360 day facility
Technology provider: PrimeRevenue
Lawyers: White & Case |
Supply chain efficiency is vital in today’s economic climate and the solution provided to UK supermarket group
J Sainsbury by Royal Bank of Scotland (RBS), meets the needs not only of the client and its network of suppliers, but represents the largest supply chain finance programme in the UK retail sector to date.
Sainsbury’s itself has been a leader in this field, having launched its Trading Finance Programme in 2007. This was a...
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