Finacity Facilitates a 3-Year Renewal of USD 105 Million Receivables Securitization for Black Box Corporation

STAMFORD, Conn., Aug. 26, 2025 (GLOBE NEWSWIRE) -- Finacity Corporation ("Finacity"), a White Oak Global Advisors company, announces that, in cooperation with Fifth Third Bank National Association ("Fifth Third Bank"), it has successfully completed an amendment and three-year extension of a trade receivables securitization for Black Box Corporation ("Black Box"), a global leader in digital infrastructure solutions.

The securitization program finances receivables originated by Black Box's subsidiaries in the United States and United Kingdom, with the renewal extending the original transaction closed in December 2019. The securitization program maintains accounting derecognition per IFRS through a junior-funded piece funded by FAM, a Finacity subsidiary.

Finacity provided analytic and structuring support, as well as serving as the ongoing transaction administrator, arranger, junior investor, and control party. Fifth Third Bank serves as the senior funding provider.

Deepak Bansal, the Global CFO of Black Box, commented, "This renewal of AR Securitization facility is a testimony of Black Box resilience ...