Volt Information Sciences, Inc. announced that as of January 25, 2018, the Company has entered into a long-term accounts receivable securitization program with DZ BANK AG Deutsche Zentral-Genossenschaftsbank and exited its financing relationship with PNC Bank. Under the terms of the new agreement, DZ Bank will provide a two-year, $115 million facility which permits borrowings until January 25, 2020. The Company expects to save approximately $1.5 million over the term of the program, driven by reduced borrowing costs as compared to its previous agreement.