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Inner Mongolia Yili Industrial Completes Redemption of Five Tranches of Ultra-Short-Term Commercial Papers

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Inner Mongolia Yili Industrial Group (SHA:600887) completed the redemption of five tranches of its 84- and 85-day commercial papers.

The redemptions occurred on June 25 and June 26, with interest at a uniform rate of 1.40% across tranches, according to a Tuesday filing with the Shanghai bourse.

The principal and interest redemption amounts were 10.0 billion yuan, 8.03 billion yuan, 7.02 billion yuan, 7.02 billion yuan and 13.0 billion yuan.

Shares of the dairy products company were down 2% in recent trade.

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