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 LexinFintech comes originally from China Money Network. All Rights Reserved.