Tue, March 11, 2025
[ Tue, Mar 11th 2025 ]: TechRadar
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[ Tue, Mar 11th 2025 ]: Newspoint
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Star in talks with Salter Brothers for up to $589 million refinancing

Star Entertainment Group is in advanced talks with the Salter Brothers to secure a A$900 million ($589 million) refinancing deal, aiming to extend its debt maturities and bolster its financial position. The discussions involve replacing existing debt facilities due in 2024 and 2025 with new loans, including a A$450 million term loan, a A$250 million revolving credit facility, and an additional A$200 million for liquidity. This move comes as Star Entertainment faces regulatory scrutiny and operational challenges, with the refinancing intended to provide financial stability and support its ongoing operations and potential recovery efforts.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/star-talks-with-salter-brothers-up-589-million-refinancing-2025-03-10/ ]