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Farm Pride Secures $27.57M Facility to Fuel Growth and Cut Costs
2:53am on Monday 2nd of June, 2025 AEST
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Food & Beverage
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Farm Pride Secures $27.57M Facility to Fuel Growth and Cut Costs
2:53am on Monday 2nd of June, 2025 AEST
Key Points
Secured $27.57 million finance facility with National Australia Bank
Refinances $14 million of existing debt with Merricks Capital and TP24 Trustees
Funds allocated to Keysborough processing upgrades and on-farm infrastructure
New facility offers lower cost of funds compared to previous arrangements
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