STAMFORD, Conn., Feb. 08, 2017 -- Finacity Corporation (“Finacity”) announced today that it has successfully facilitated a KRW 280 billion senior bonds and USD equivalent of KRW 14 billion junior bonds future passenger ticket receivables securitization for Asiana Airlines, Inc. (“Asiana”). The Senior Bonds have been assigned an ‘A-’ rating by KIS Rating and NICE Rating.
Finacity will serve on an ongoing basis as the Trust Administrator for the program.
About Asiana
Founded in 1988, Asiana is one of the two major airlines in South Korea. Headquartered in Seoul, Asiana operates in 24 countries with 65 destinations around the world as well as 10 domestic locations. For more information, please visit www.flyasiana.com.
About Finacity
Finacity specializes in the structuring and provision of efficient capital markets receivables funding programs, supplier and payables finance, back-up servicing, and program administration. Finacity currently facilitates the financing and administration of an annual receivables volume of approximately US $100 billion. With resources in the USA, Europe and Latin America, Finacity conducts business throughout the world with obligors in 175 countries. For further information, please visit www.finacity.com.
For more information on this transaction, please contact: Finacity Corporation Jason Kim Senior Director - Deal Structuring, Management, and Execution US Tel : 1 (203) 428 - 3520 [email protected]


OpenAI Addresses Security Vulnerability in macOS App Certification Process
Bill Ackman Eyes New Fund to Bet Against Market Complacency
Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses
Tokyo Electric Power Attracts Major Investors Amid Billion-Dollar Restructuring Push
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict
Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts
San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home
China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes
NIO ES9 SUV Launch Sends HK Shares Down 7% Despite Bold Pricing Strategy
TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave
SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis 



