business
Synlait Milk Reports NZ$12m Loss but Maintains NZ$720.8m Net Assets and Stays on Track for Refinancing
The dairy company said it remains on track to complete senior facilities refinancing by June 30, 2026, while replacing its existing NZ$130 million Bright loan with a new facility on similar terms.
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Synlait Milk reported a net loss after tax of NZ$12 million for the period January–April 2026. 8 million at the end of the reporting period. Synlait Milk said it remains on track to complete its senior facilities refinancing by June 30, 2026.
As part of that refinancing, the company will replace its existing NZ$130 million Bright loan with a new loan on similar terms. The company stated it is continuing to strengthen its balance sheet through refinancing.
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