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Synlait Milk Limited (ASX:SM1)
ALERT: Price-sensitive ASX Announcement for SM1
Current share price for SM1 : $0.285 -0.055 (-16.18%)+
Announcement
Release
5 May 2026 7:33AM
Price at Release
$0.340
Full Release
Summary
Synlait Milk Limited announced that it has been granted two waivers concerning its syndicated bank facilities due to external challenges affecting its financial performance. The specific waivers pertain to the quarterly minimum EBITDA event of review threshold and the interest cover ratio for the April 2026 period. The company provided contact details for further inquiries from investors and media.
Key Points
- Synlait Milk Limited has received two waivers for its syndicated bank facilities.
- The waivers include the quarterly minimum EBITDA event of review threshold and interest cover ratio for the period ending 30 April 2026.
- These waivers were requested due to external headwinds impacting financial performance.
- The announcement includes contact details for further investor and media inquiries.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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