Citi Appointed Depositary Bank for China Rapid Finance Limited’s Sponsored ADR Program

NEW YORK--()--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

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Contacts

Citi
Robert Julavits, 212-816-8020
robert.w.julavits@citi.com

Contacts

Citi
Robert Julavits, 212-816-8020
robert.w.julavits@citi.com