Australia's Farm Pride Foods gains on securing financing facility

Farm Pride Foods

09/05/2025 02:29

** Shares of Australia's Farm Pride Foods FRM.AX rise as much as 8.3% to A$0.260

** Stock on track to record its third consecutive week of gains, if trend holds

** The egg products maker secures new A$27.5 million ($17.58 million)  finance facility

** New facilities will be used to refinance existing debt - FRM

** Stock has risen 100% this year, as of 0120 GMT

($1 = 1.5647 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com))