Retail Food Group (ASX:RFG) announced a successful debt refinancing and provided an updated earnings outlook, navigating what management describes as a "challenging" retail environment.
The company has secured a new 19-month, $41.2 million facility with Washington H. Soul Pattinson & Company, extending its maturity to Aug. 31, 2027.
The agreement includes an additional $7.5 million drawdown to fund the "Enhance & Grow" strategy.
Based on unaudited accounts, RFG expects H1 FY26 underlying EBITDA to land between $9 million and $10 million, down from $16 million in the prior corresponding period.
The decline reflects difficult Q2 FY26 trading conditions, the cycling of one-off insurance proceeds, and increased support for franchisees, such as absorbing higher green coffee bean costs.