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eHi Car Service

eHi Announces Completion of $400M Offering

eHi Car Services Limited, a car rental and car services provider in China, has completed an offering of $400 million aggregate principal amount of its senior unsecured notes.

eHi Car Services Partners With Chinese Bank

eHi Car Services, a Shanghai-based auto rental and chauffeuring company, has entered into a five-year framework agreement with China Development Bank’s Shanghai branch for an aggregate amount of $1.5 billion RMB (Chinese Yuan Renminbi).

NY Hedge Funds Invest in Chinese Car Rental

Tiger Global Management LLC and SRS Investment Management LLC, two New York hedge funds, plan to invest $150 million in shares in eHi Car Services, a car rental and chauffeuring company based in China.