Citi Appointed Depositary Bank for China Rapid Finance Limited’s Sponsored ADR Program
Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by China Rapid Finance Limited (“China Rapid
Finance”), a Cayman Islands exempted company with limited liability and operations in China, as the depositary bank for its
American Depositary Receipt (ADR) program.
China Rapid Finance’s program was established in connection with a $69 million initial public offering (inclusive of the fully
exercised over-allotment option), originally priced at $6.00 per ADR. The ADRs are listed on the New York Stock Exchange under the
symbol “XRF.” Each ADR represents one Class A ordinary share of China Rapid Finance. As a single-listed ADR program, the underlying
Class A ordinary shares are not listed or publicly traded in the issuer’s home market.
“Citi is proud to be selected as depositary bank for China Rapid Finance’s ADR program,” said Dirk Jones, Head of Global Issuer
Services at Citi. “Citi is committed to providing China Rapid Finance and its investors with the highest quality ADR services.”
Citi is a leading provider of depositary receipt services. With depositary receipt programs in 61 markets, spanning equity and
fixed-income products, Citi leverages its global network to provide cross-border capital market access to issuers, intermediaries
and investors.
For more information about Citi’s Depositary Receipt Services, please visit www.citi.com/dr.
Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and
jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and
services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and
wealth management.
Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
Citi
Robert Julavits, 212-816-8020
robert.w.julavits@citi.com
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