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Renewal of Famosa’s sources of working capital funding

June, 2013Retail & Consumerclemoine

Natixis Partners Iberia advised Famosa, leader in the Spanish toy sector, on the renewal and increase of its sources of working capital financing.

During 2013 and despite a difficult credit environment, Famosa has managed to (i) renew its syndicated factoring facilities (c.€75m) and LCs (c.€5m) and (ii) increase its working capital funding sources, raising new international confirming facilities (c.€11m).

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