Nov 17 (Reuters) - Wesfarmers Ltd WES.AX :
* Coles has agreed to enter into a ten year agreement with Citi
* Deal for distribution of Coles branded credit cards
* Transaction is not expected to materially affect Coles' reported earnings for 2017 financial year
* Net proceeds from transaction will be applied to repay Wesfarmers Group debt
* Portfolio had gross receivables of approximately $880 million as at October 2016 Source text for Eikon: Further company coverage: WES.AX