STAMFORD, CT--(Marketwire - Oct 22, 2012) - Finacity Corporation ("Finacity") announced today that it has facilitated a $150 million securitization for The Manitowoc Company, Inc. (
About The Manitowoc Company, Inc.
The Manitowoc Company, Inc. is a multi-industry, capital goods manufacturer with over 100 manufacturing and service facilities in 27 countries. It is recognized as one of the world's largest providers of lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom trucks. Manitowoc also is one of the world's leading innovators and manufacturers of commercial foodservice equipment serving the ice, beverage, refrigeration, food prep, and cooking needs of restaurants, convenience stores, hotels, healthcare, and institutional applications. More information can be found at www.manitowoc.com.
About Finacity Corporation
Finacity specializes in the structuring and provision of efficient receivables funding programs, state-of-the-art servicing and administration. Finacity currently facilitates the financing and administration of an annual volume of receivables in excess of $50 billion. Finacity conducts business throughout the world. For more information about Finacity, please visit www.finacity.com.
About Wells Fargo & Company
Wells Fargo & Company (
Contact Information:
For more information on this transaction please contact:
Michael Rodgers
Finacity Corporation
Tel: (203) 428-3531
Tom Dolphin
Wells Fargo
Tel: (267) 321-7046