Synlait Milk (NZE:SML, ASX:SM1) will redeem NZ$169 million of the NZ$180 million in outstanding bonds on Nov. 13, according to a Wednesday filing with the New Zealand and Australian bourses.
The dairy producer's shares were down more than 2% in recent Wednesday trade in New Zealand.
Price (AUD): $0.40, Change: $-0.0100, Percent Change: -2.44%