Yili issues 210 bn yuan in new super short-term commercial papers

Inner Mongolia Yili Industrial Group Co., Ltd. (Yili) announced the successful issuance of its 2025 fourteenth, fifteenth, and sixteenth tranches of super short-term commercial papers, with a combined issuance of 210 bn yuan. This follows the company's 2024 annual shareholders' meeting resolution to increase its multi-species debt financing instrument (DFI) issuance size by 50 bn yuan, bringing the total DFI balance to no more than 450 bn yuan.

The fourteenth tranche (25 Yili Industrial SCP014), totaling 75 bn yuan, has an interest rate of 1.44% and a 70-day term, maturing on December 24, 2025. The fifteenth tranche (25 Yili Industrial SCP015), also 75 bn yuan, carries a 1.44% interest rate for 70 days, maturing on the same date. Both tranches commenced on October 15, 2025.

The sixteenth tranche (25 Yili Industrial SCP016) amounted to 50 bn yuan, with an interest rate of 1.50% and an 89-day term. This tranche began on October 16, 2025, and is set to mature on January 13, 2026. China CITIC Bank acted as the bookrunner for the fourteenth tranche, China Everbright Bank for the fifteenth, and Huaxia Bank for the sixteenth.