Asia-Focused PE Firm PAG To Buy $300M Convertible Notes From China’s LexinFintech

News Source: China Money Network.

LexinFintech, a fintech platform for educated young adults in China, announced on Wednesday that it has entered into an agreement with Asia-focused private equity firm PAG, in which LexinFintech will issue and sell convertible notes in an aggregate principal amount of US$300 million to PAG through a private placement.

Asia-Focused PE Firm PAG To Buy $300M Convertible Notes From China’s LexinFi...



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