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SML - Synlait Milk News Story

NZD3.16 0.0  1.3%

Last Trade - 6:00am

Sector
Consumer Defensives
Size
Mid Cap
Market Cap £355.2m
Enterprise Value £611.7m
Revenue £723.6m
Position in Universe 377th / 1952

BRIEF-Synlait Milk Says Working Capital Facility Of NZ$250 Mln Extended For 12 Months

Thu 29th July, 2021 9:37pm
July 30 (Reuters) - Synlait Milk Ltd  SML.NZ :
    * HAS BEEN IN DISCUSSIONS WITH ITS BANKING SYNDICATE
REGARDING
ONGOING FUNDING ARRANGEMENTS
    * WORKING CAPITAL FACILITY OF NZ$250 MILLION, EXTENDED FOR
12
MONTHS, MATURING 1 OCTOBER 2022
    * REVOLVING CREDIT FACILITY WITH LIMIT OF NZ$100 MILLION
MATURING
ON 1 OCTOBER 2023
    * TEMPORARY NZ$80 MILLION INCREASE IN WORKING CAPITAL
FACILITY HAS
BEEN AGREED

Source text https://www.i-search.nzx.com/blobs/SML000000/514680/SML000000-351254.pdf
Further company coverage:  SML.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))
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