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Synlait Secures $350M Refinancing Backed by Major Banks

2:51pm on Friday 26th of September, 2025 AEST Consumer Staples
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Synlait Secures $350M Refinancing Backed by Major Banks

2:51pm on Friday 26th of September, 2025 AEST
Key Points
  • Refinancing totals $350 million across multiple secured credit and loan facilities
  • Facilities mature mostly on 30 June 2026 with a step-down in revolving credit
  • Financial covenants amended for FY26, including net senior leverage and interest cover ratios
  • Banking syndicate includes ANZ, China Construction Bank, HSBC, and others
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