Brief: Hexindai Signs Aggregate RMB1 Bln in Line of Credit Agreements

Akso Health

31/01/2018 10:03

Jan 31 (Reuters) - Hexindai Inc  HX.O : 
    * 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:  ID:nPn13kv1Wa  
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