AFY afterpay holdings limited
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News: AFY Afterpay signed funding facility agreement with National Australia Bank

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    24/11/16
    12:20
    Post #: 20854142

    Nov 24 (Reuters) - Afterpay Holdings Ltd (AFY)

    • signed an agreement with national australia bank (nab) to provide afterpay with a secured receivables funding facility
    • afterpay intends to capitalise trust with existing end-customer receivables and nab intends to provide receivable funding initially up to $20m.
    • currently intended that nab facility will be operational in december 2016
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