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Client use cases

presented by the team of Pierre Dempere, Head of Corporates

Activity Sector
Automotive

Expert
Philippe Patriarca
Head of Sales - France

Customers' objective
Improvement of working capital requirements and increase in profitability of economic assets

Tailor-made solution
Off balance sheet treatment - IFRS rules

Thanks to our expertise and close collaboration with various teams of the Societe Generale Group, we have been retained to deconsolidate the client's commercial debts in the automotive industry. The transaction we have set up is effective: the receivables are 100% guaranteed by two SBLCs (Stand-By Letter of Credit) issued and confirmed in France by leading banks, which makes it possible to control country risk.

Activity Sector
Food

Expert
Larissa Svabova

Head of Payables Finance

Customers' objective
Improvement of Working Capital Requirements and Financing of Suppliers

Tailor-made solution
Supply Chain Finance

We participated in the implementation of an innovative Supply Chain Finance (SCF) model. This program in which we provided syndication financing with other banks was set up in collaboration with CRX MARKETS, a platform that allows the purchase of Notes (bonds) through an auction system for investors . Financing from the sale of Notes, issued in different currencies, is used to pay the suppliers of the customer wishing to pre-finance their validated receivables.

Activity Sector
Industry

Expert
Elena Denier

Experte Sales - International

Customers' objective
Off balance sheet treatment & balance sheet improvement

Tailor-made solution
Off balance sheet treatment

We have set up a pan-European off balance sheet and non-recourse program for a major industrial equipment manufacturer. This international program concerns a Chinese client, its European subsidiaries and debtors spread all over Europe. It enables our client to improve his working capital requirements, and also enables him to improve his balance sheet.