NZ's Synlait Milk to raise $133 million

Synlait Milk

20/08/2024 06:46

Aug 20 (Reuters) - New Zealand's dairy processor Synlait
Milk  SML.NZ  said on Tuesday it has agreed to terms with two of
its biggest shareholders to raise NZ$217.8 million ($133.29
million).
    The firm also said it was in the final stages of refinancing
its bank facilities. 

($1 = 1.6340 New Zealand dollars)

 (Reporting by Rajasik  Mukherjee in Bengaluru; Editing by
Nivedita Bhattacharjee)
 ((Rajasik.Mukherjee@thomsonreuters.com;))