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Accord Financial Corp.

01:25 PM EST - Accord Financial Corp. : Announced the closing of its first private securitization facility agented by a Fortune 500, A.M. Best A+ rated Canadian life insurance company. This $100 million facility is a significant milestone for Accord, advancing the organization's goal of diversifying its funding sources to support growth of its North American business. This private securitization provides term financing for a discrete amortizing pool of small business loans originated by Accord. Accord Financial Corp. shares T.ACD are trading down $0.05 at $8.45.