January 23, 2018 / 1:40 PM / in 7 months

BRIEF-IEG Holdings Asks Lendingclub Board To Explore Crypto Sector

Jan 23 (Reuters) - Ieg Holdings Corp:

* IEG HOLDINGS URGES LENDINGCLUB BOARD TO ENTER INTO NEGOTIATIONS WITH IEG HOLDINGS AND TO ALSO EXPLORE OPPORTUNITIES IN THE CRYPTO/BLOCKCHAIN SECTOR

* IEG HOLDINGS - COMMENCED TENDER OFFER TO EXCHANGE 13 SHARES OF CO’S STOCK FOR EACH SHARE OF LENDINGCLUB CORP STOCK, UP TO TOTAL OF 20.7 MILLION LENDINGCLUB SHARES

* IEG HOLDINGS CORP - TENDER OFFER IS SCHEDULED TO EXPIRE AT 5:00 P.M., EASTERN TIME, ON THURSDAY, FEBRUARY 22, 2018 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

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