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Article: Financiera Independencia Announces Increase In Line of Credit with Nafinsa from Ps.140 million to Ps.1,000 million.
- Article from:
- Science Letter
- Article date:
- June 9, 2009
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Financiera Independencia, S.A.B. de C.V., SOFOM, E.N.R. (BMV: FINDEP) ("Independencia"), announced that Nacional Financiera, S.N.C. increased its line of credit to Independencia from Ps.140 million to Ps.1,000 million. The initial line of credit was granted on February 2009 (see also Financiera Independencia, S.A.B. de C.V., SOFOM, E.N.R.).
Mr. Noel Gonzalez, Chief Executive Officer, commented: "We are very pleased that in this tight credit environment we continue to increase our funding while diversifying our risk. This brings us one step closer in achieving our goal of diversifying funding sources in the medium term so that no single source represents more than ...