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The Arnott’s Group follows Patties in government fund support
Yahoo Finance· 2025-12-09 21:34
The Australian government has contributed to a debt refinancing deal at snacks major The Arnott’s Group. Through Australia's National Reconstruction Fund Corporation (NRFC), the Tim Tam biscuits maker will get A$45m ($29.9m) as part of its refinancing of $1.75bn in existing debt that matures in 2026 The NRFC is Australia’s A$15bn investment vehicle targeting areas including low-emissions technologies and “value-add” in agriculture, defence and transport. The deal with Arnott’s follows the fund’s A$36m d ...