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Synlait has ‘range of options’ to repay $130m debt

Analysts question milk processor on what happens if it can’t sell its Dairyworks unit by March 31 bank deadline.

Synlait chief executive Grant Watson.

Tim Hunter Mon, 25 Sep 2023

There were two main issues in analysts’ minds on a results conference call with Synlait executives this morning – a looming debt repayment and the relationship with big customer A2 Milk.

The result itself, a loss of $4.3 million for the year to July, was no surprise.

However, the milk

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Synlait has ‘range of options’ to repay $130m debt
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