January 31, 2018 / 10:39 AM / 4 months ago

BRIEF-Hexindai Signs Aggregate RMB1 Bln in Line of Credit Agreements

Jan 31 (Reuters) - Hexindai Inc:

* ‍ANNOUNCED THAT IT HAS SIGNED AN AGGREGATE OF RMB1 BILLION IN LINE OF CREDIT AGREEMENTS WITH PING AN BANK AND XIAMEN INTERNATIONAL BANK​

* SAYS ‍ACCORDING TO TERMS OF AGREEMENTS, PING AN BANK WILL PROVIDE A RMB500 MILLION LINE OF CREDIT WITH A TERM OF ONE YEAR​

* SAYS ‍ACCORDING TO TERMS OF AGREEMENTS, XIAMEN INTERNATIONAL BANK WILL PROVIDE A RMB500 MILLION LINE OF CREDIT WITH A TERM OF TWO YEARS​ Source text for Eikon: Further company coverage:

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