Synlait banking facilities update
Synlait Milk Limited · 1028 Heslerton Road, RD13 Rakaia, Canterbury, New Zealand · www.synlait.com
NZX: SML
ASX: SM1
5 May 2026
Synlait banking facilities update
Synlait Milk Limited (Synlait) advises that it has received two waivers in relation to its syndicated bank
facilities.
As detailed in its interim result
1
, Synlait has faced a number of headwinds outside of its control which
continue to impact its financial performance.
The company requested its banking syndicate waive the quarterly minimum EBITDA event of review
threshold for the period ending 30 April 2026 and waive its interest cover ratio
2
for the 30 April test date.
For more information contact
Investors
Hannah Lynch
Head of Milk Supply, Strategy & Corporate Affairs
E: hannah.lynch@synlait.com
P: +64 21 252 8990
Media
Jo Scott
Corporate Affairs Manager
E: jo.scott@synlait.com
P: +64 21 883 123
1
https://www.nzx.com/announcements/469645
2
In broad terms, the interest cover ratio compares the EBITDA of the guaranteeing group to the interest expenses
it must pay
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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