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