Australia Loans $45 Million Sweetener to Fund Tim Tams Global Expansion

Date:

Support will refinance $1.75 billion in debt maturing in 2026 and back Arnott’s growth plans.Tim Tams are seen during Vox Media’s 2022 Code Conference – Day 2 in Beverly Hills, Calif., on Sept. 7, 2022. Randy Shropshire/Getty Images for Vox Media12/8/2025|Updated: 12/8/2025Australia’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].Author’s Selected Articles

spot_imgspot_imgspot_img

Share post:

More like this
Related

Michael Zwaagstra: Ford Government Should Get Serious About Education Reform

CommentaryWhile the summer is in full swing and most...

Week in Photos: Mount Etna Eruption, Mass Border Crossing, and Presidential Inauguration

|July 31, 2026Updated:July 31, 2026Firefighters of Paris Fire Brigade...

White House Says Iran Will Continue to Pay Amid Reports of New US Strikes

The White House warned Iran on Friday afternoon of...

Magnitude 4.7 Quake Strikes Near Italys Naples, Causing Outages and Damage

Emergency workers assist a resident as people prepare to...