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Synlait confirms $450m bank refinance deal

Syndicate of eight banks agree new one-year loan facilities, conditional on forthcoming equity raise.

Synlait chief executive Grant Watson.

NBR Staff Mon, 16 Sep 2024

Debt-burdened milk processor Synlait has announced a deal to refinance its bank loan facilities with new one-year loans totalling up to $450 million.

In a statement to the NZX, Synlait said it had executed the new facilities with a syndicate of eight banks, conditional on an equity capital raise to

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NBR Staff Mon, 16 Sep 2024
Contact the Writer: editor@nbr.co.nz
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Synlait confirms $450m bank refinance deal
Investment,
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