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Deutsche Bank Appointed as Depositary Bank for the Sponsored Level III American Depositary Receipt Program of Yirendai Ltd.

December 23, 2015 10:24 AM EST

NEW YORK & HONG KONG--(BUSINESS WIRE)-- Deutsche Bank today announced its appointment as sponsored depositary bank for the capital raising Level III NYSE-listed American Depositary Receipt (ADR) program of Yirendai Ltd. (Yirendai).

Yirendai (NYSE: YRD) is a leading online consumer finance marketplace in China connecting investors and individual borrowers. They facilitated RMB8, 748.3 million (USD 1,376.4 million) in loans from inception in March 2012 through September 30, 2015. Yirendai’s borrowers and investors come from a variety of channels, including online sources, such as the internet and its mobile applications, as well as the offline on-the-ground sales network referrals from its parent company, CreditEase.*

Shrinath Bolloju, Head of Institutional Cash & Securities Services, Asia Pacific, at Deutsche Bank, said: “We are delighted to be Yirendai’s depositary bank of choice. Our broad range of customized services will be used to assist Yirendai to optimize the visibility of its ADR program with the investor community."

Deutsche Bank’s Depositary Receipts team is part of the Issuer Services business within the Bank’s Institutional Cash & Securities Services unit. In addition to specializing in administering cross-border equity structures such as American and global depositary receipts and global registered shares, Issuer Services provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. The Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

*Source: Yirendai Ltd. (December 2015)

About Deutsche Bank

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© January 2016 Deutsche Bank AG. All rights reserved.

Deutsche Bank AG
Press & Media Relations
Hannah Fuchs, +1 212 250 4070
[email protected]
or
Karène Dufour, +852 2203 7846
[email protected]

Source: Deutsche Bank



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