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Synlait Secures Waivers on Banking Covenants Amid Persistent Headwinds
6:54am on Tuesday 5th of May, 2026 AEST
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Synlait Secures Waivers on Banking Covenants Amid Persistent Headwinds
6:54am on Tuesday 5th of May, 2026 AEST
Key Points
Waivers granted on quarterly EBITDA and interest cover ratio
Financial performance impacted by external headwinds
Waivers apply to April 2026 test date
Reflects continued pressure on Synlait’s earnings
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Synlait Milk (NZX:SML)
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