One deadline done for Synlait, on to the next
The milk processor has less than a year’s grace to turn its business around and secure its milk supplies.
Synlait must stabilise its milk supplies by May next year.
After gaining some breathing space, with a capital raise and debt refinance due to take effect today, milk processor Synlait has less than a year to turn its business around before the next deadline.
“The 31st of May [2025] is the cut off,” chief executive Grant Watson told NBR .
That’s when the
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