Yili Group successfully issues RMB 11.8bn in bonds

Inner Mongolia Yili Industrial Group Co., Ltd. (SSE: 600887) has announced the successful issuance of its first and second tranches of ultra-short-term financing bonds for 2025. The issuances, approved by shareholders in May 2024, fall under the company's registered plan to issue up to RMB 40 billion in various debt financing instruments. The first tranche ("25 伊利实业 SCP001") and second tranche ("25 伊利实业 SCP002") each have a face value of RMB 100, and a combined total issuance of RMB 11.8 billion (RMB 6 billion and RMB 5.8 billion respectively). Both tranches, issued on February 17, 2025, bear an interest rate of 1.88%. The first and second tranches will mature in 37 and 36 days, respectively.