30th June 2026 Finance / SynlaitDairy processor Synlait Milk has hit its critical 30 June deadline, finalising documentation for a new $320m bank refinancing package and securing a formal $130m replacement shareholder loan from Bright Dairy.
2nd March 2026 Finance / SynlaitSynlait Milk has secured some breathing space from its banking syndicate ahead of receiving the funds from the sale of its North Island assets, which remains on track for completion on 1 April 2026.
14th November 2025 Finance / SynlaitSynlait Milk has temporarily increased its banking facilities to provide additional working capital funds, as it deals with the hangover of manufacturing challenges from earlier in the year.
29th September 2025 Finance / SynlaitThe company has been under significant financial pressure in recent times, last year raising $217.8m from its two largest shareholders as part of a recapitalisation plan.
9th September 2025 Awards / FinanceFood & beverage businesses and individuals were recognised at the New Zealand CFO Awards, with Champion Flour Milling’s finance boss taking out the top award.
1st July 2025 Comvita / FinanceComvita has secured a package of covenant waivers as part of its debt pile management.
9th April 2025 Finance / GovernmentThe government is shutting down its green investment bank which has financed agritech companies including Ruminant BioTech, Hot Lime Labs and Coolsense.
24th May 2023 Finance / PFRThe CRI is receiving a capital injection of up to $28m from the govt – its first recapitalisation “in living memory,” according to departing CEO David Hughes.
9th February 2023 Finance / PamuPāmu has signed a signed a second sustainability-linked loan, this time for a $20m facility with ANZ.
10th June 2022 Finance / Silver Fern FarmsSilver Fern Farms has entered into a $320m sustainability-linked working capital financing facility.
27th October 2021 Finance / SustainabilityNew Zealand’s biggest farming business Pāmu is borrowing $85m from Westpac via a three-year sustainability-linked loan.
15th September 2021 Finance / GSHGood Spirits Hospitality says it has reached an agreement with its lender Pacific Dawn to extend the date for repayment of its facility until 31 December 2022.
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