Star Entertainment in talks with Salter Brothers for up to $589 million refinancing

Reuters

03-11

Star Entertainment in talks with Salter Brothers for up to $589 million refinancing

March 11 (Reuters) - Star Entertainment SGR.AX said on Tuesday it had entered an exclusivity and process deed with Salter Brothers for an up to A$940 million ($589.47 million) refinancing package that would provide the casino firm enough liquidity to refinance all debt.

($1 = 1.5946 Australian dollars)

(Reporting by Rishav Chatterjee in Bengaluru; Editing by Alan Barona)

((Rishav.Chatterjee@thomsonreuters.com))

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