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How Synlait’s Bank Facility Extensions Cushion Upcoming Asset Sale

7:40am on Monday 2nd of March, 2026 AEDT Consumer Staples
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How Synlait’s Bank Facility Extensions Cushion Upcoming Asset Sale

7:40am on Monday 2nd of March, 2026 AEDT
Key Points
  • Extension of $50 million limit step-down on Revolving Credit Facility A to April 30, 2026
  • Waivers and amendments granted for EBITDA thresholds and interest cover ratios
  • Suspension of net senior leverage ratio covenant for full year 2026
  • Potential extension of Revolving Credit Facility A2 maturity pending lender approval
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