BRIEF-Uxin Announces Financing Transaction Of Up To Us$315 Million

Reuters2021-06-15

Uxin Ltd :

* UXIN ANNOUNCES FINANCING TRANSACTION OF UP TO US$315 MILLION

* UXIN LTD - ENTERED INTO DEFINITIVE AGREEMENTS WITH NIO CAPITAL AND JOY CAPITAL

* UXIN LTD - NIO CAPITAL AND JOY CAPITAL HAVE AGREED TO INVEST A TOTAL OF UP TO US$315 MILLION IN CO

* UXIN - AGREED WITH CONVERTIBLE NOTES HOLDERS TO CONVERT THEIR CONVERTIBLE NOTES OF US$69 MILLION INTO CLASS A ORDINARY SHARES OF CO

Source text for Eikon: Further company coverage:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
3