Synlait Milk Secures NZ$50 Million Revolving Credit Facility; Shares Down 3% in New Zealand

MT Newswires Live11-14

Synlait Milk (NZE:SML, ASX:SM1) temporarily increased its banking facilities with a new revolving credit facility of NZ$50 million for the period Nov. 14 to March 31, 2026, according to a Friday filing with the Australian and New Zealand bourses.

The dairy company said that it had planned for a lean working capital program for fiscal 2026, but it has been more difficult to manage due to the resulting cash flow impacts and expenses from manufacturing challenges faced this year.

The company added that the challenges have been largely resolved, but it's still facing related cost impacts in fiscal 2026.

The company's Kiwi shares fell almost 3% in recent Friday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2583544268?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-14 09:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2583544268","market":"fut","top_or_hot":-1,"title":"Synlait Milk Secures NZ$50 Million Revolving Credit Facility; Shares Down 3% in New Zealand","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/SMLKF\">Synlait Milk</a> (NZE:SML, ASX:SM1) temporarily increased its banking facilities with a new revolving credit facility of NZ$50 million for the period Nov. 14 to March 31, 2026, according to a Friday filing with the Australian and <a href=\"https://laohu8.com/S/NZERF\">New Zealand</a> bourses.</p><p>The dairy company said that it had planned for a lean working capital program for fiscal 2026, but it has been more difficult to manage due to the resulting cash flow impacts and expenses from manufacturing challenges faced this year.</p><p>The company added that the challenges have been largely resolved, but it's still facing related cost impacts in fiscal 2026.</p><p>The company's Kiwi shares fell almost 3% in recent Friday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Synlait Milk Secures NZ$50 Million Revolving Credit Facility; Shares Down 3% in New Zealand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSynlait Milk Secures NZ$50 Million Revolving Credit Facility; Shares Down 3% in New Zealand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-11-14 09:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/SMLKF\">Synlait Milk</a> (NZE:SML, ASX:SM1) temporarily increased its banking facilities with a new revolving credit facility of NZ$50 million for the period Nov. 14 to March 31, 2026, according to a Friday filing with the Australian and <a href=\"https://laohu8.com/S/NZERF\">New Zealand</a> bourses.</p><p>The dairy company said that it had planned for a lean working capital program for fiscal 2026, but it has been more difficult to manage due to the resulting cash flow impacts and expenses from manufacturing challenges faced this year.</p><p>The company added that the challenges have been largely resolved, but it's still facing related cost impacts in fiscal 2026.</p><p>The company's Kiwi shares fell almost 3% in recent Friday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SML.NZ","symbol_name":"Synlait Milk Limited Ordinary Shares","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2583544268","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583544268","pubTimestamp":1763084958,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Synlait Milk  temporarily increased its banking facilities with a new revolving credit facility of NZ$50 million for the period Nov. 14 to March 31, 2026, according to a Friday filing with the Australian and New Zealand bourses.The dairy company said that it had planned for a lean working capital program for fiscal 2026, but it has been more difficult to manage due to the resulting cash flow impacts and expenses from manufacturing challenges faced this year.The company added that the challenges have been largely resolved, but it's still facing related cost impacts in fiscal 2026.The company's Kiwi shares fell almost 3% in recent Friday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SML.NZ":"Synlait Milk Limited Ordinary Shares","NZ50G.NZ":"S&P/NZX 50","BK8065":"包装食品与肉类","BK7141":"包装食品与肉类","T10G.NZ":"S&P/NZX 10","BK7509":"中概股","SM1.AU":"SYNLAIT MILK LTD","BK7505":"食品股","NZ20C.NZ":"S&P/NZX 20"},"translate_title":"Synlait Milk获得5000万新西兰元的循环信贷额度；新西兰股价下跌3%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NZ50G.NZ":1.5,"T10G.NZ":1.5,"NZ20C.NZ":1.5,"SML.NZ":1.5,"SM1.AU":1},"content_text":"Synlait Milk (NZE:SML, ASX:SM1) temporarily increased its banking facilities with a new revolving credit facility of NZ$50 million for the period Nov. 14 to March 31, 2026, according to a Friday filing with the Australian and New Zealand bourses.The dairy company said that it had planned for a lean working capital program for fiscal 2026, but it has been more difficult to manage due to the resulting cash flow impacts and expenses from manufacturing challenges faced this year.The company added that the challenges have been largely resolved, but it's still facing related cost impacts in fiscal 2026.The company's Kiwi shares fell almost 3% in recent Friday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2583544268","isCrawlerRequest":true}