Support will refinance $1.75 billion in debt maturing in 2026 and back Arnott’s growth plans.
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Australia’s National Reconstruction Fund Corporation (NRFC) has provided a $45 million (US$30 million) loan to the Arnott’s Group, positioning the country’s most famous biscuit to scale up exports and accelerate its global ambitions.
The funding will support the refinancing of $1.75 billion in existing debt maturing in 2026 and is tied to what Arnott’s has described as “planned future growth capital expenditure.”
Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].
