Finacity Facilitates $25 Million of Trade Receivable Funding for CME Wire & Cable, Inc., a Subsidiary of Xignux, S.A. de C.V.

Finacity Facilitates $25 Million of Trade Receivable Funding for CME Wire & Cable, Inc., a Subsidiary of Xignux, S.A. de C.V.

STAMFORD, CT — (Marketwired) — 09/30/16 — Finacity Corporation ("Finacity") announced that it has facilitated a $25 million US trade receivable funding program for CME Wire & Cable, Inc. ("CME"), a Georgia based multinational supplier of electrical wire, magnet wire and cable. CME is a subsidiary of Mexican industrial group Xignux, S.A. de C.V. ("Xignux").Xignux () is one of Mexico–s largest industrial groups, and through its four main subsidiaries produces