Cash-strapped dairy company Synlait Milk says it has won an extension for a $130 million debt repayment after asset impairments plunged the company into a.
Cash-strapped Synlait has gone into a trading halt for both its NZX-listed shares and its bonds while it finalises talks with a banking syndicate over an.
The New Zealand sharemarket headed into the Easter break in a happy place with a rise of nearly 1 per cent despite a trading halt, voluntary administration.