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Wednesday 01 July 2026

Finance

Synlait meets refi, shareholder loan deadline 30th June 2026 /

Synlait meets refi, shareholder loan deadline

Dairy 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.


Synlait gets breathing space from lenders 2nd March 2026 /

Synlait gets breathing space from lenders

Synlait 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.


Synlait adds $50m working capital bank facility 14th November 2025 /

Synlait adds $50m working capital bank facility

Synlait 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.


Synlait finalises bank refinancing 29th September 2025 /

Synlait finalises bank refinancing

The 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.


F&B Champions at CFO awards 9th September 2025 /

F&B Champions at CFO awards

Food & beverage businesses and individuals were recognised at the New Zealand CFO Awards, with Champion Flour Milling’s finance boss taking out the top award.


Comvita secures covenant waiver 1st July 2025 /

Comvita secures covenant waiver

Comvita has secured a package of covenant waivers as part of its debt pile management.


Government axing Green Investment Finance 9th April 2025 /

Government axing Green Investment Finance

The government is shutting down its green investment bank which has financed agritech companies including Ruminant BioTech, Hot Lime Labs and Coolsense.


Govt recapitalisation for Plant & Food Research 24th May 2023 /

Govt recapitalisation for Plant & Food Research

The 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.


Pāmu adds second green loan 9th February 2023 /

Pāmu adds second green loan

Pāmu has signed a signed a second sustainability-linked loan, this time for a $20m facility with ANZ.


Silver Fern Farms secures $320m green loan 10th June 2022 /

Silver Fern Farms secures $320m green loan

Silver Fern Farms has entered into a $320m sustainability-linked working capital financing facility.


Pāmu, Westpac agree $85m sustainability-linked loan 27th October 2021 /

Pāmu, Westpac agree $85m sustainability-linked loan

New Zealand’s biggest farming business Pāmu is borrowing $85m from Westpac via a three-year sustainability-linked loan.


Good Spirits Hospitality gets loan extension 15th September 2021 /

Good Spirits Hospitality gets loan extension

Good 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.