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Citigroup Clinches $260 Million Asset-Backed Financing for WeLab bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Citigroup Leads $260 Million Financing for Hong Kong Lending Platform WeLab bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
CITIGROUP Inc. led a $260-million asset-backed financing for WeLab Ltd., Hong Kong’s biggest online lending platform, people familiar with the matter said. Citigroup is the sole senior underwriter on the deal, the people said, asking not to be identified because it’s private. Hong Kong-based representatives for Citigroup and WeLab declined to comment. Banks are expanding ....