Australian farm chemicals maker Nufarm has secured waivers from its lenders following a debt blow-out, and warned it won't pay a final dividend for the last financial year.
Earlier this month, Nufarm increased its net debt estimate to $A620 million at the end of July, triggering breaches of its debt commitments.
Nufarm's shares have dropped 61% so far this year as sales of its key weedkiller, glyphosate, have slumped.
