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Synlait Secures NZ$50M Credit Boost Amid Manufacturing Cost Pressures
7:39am on Friday 14th of November, 2025 AEDT
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Synlait Secures NZ$50M Credit Boost Amid Manufacturing Cost Pressures
7:39am on Friday 14th of November, 2025 AEDT
Key Points
Temporary NZ$50 million revolving credit facility added
Manufacturing challenges from FY25 continue to affect FY26 costs
Banking covenant EBITDA thresholds adjusted but compliance maintained
Planned debt reduction via North Island asset sale expected by April 2026
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