BRIEF-Star Entertainment Announces Debt Refinancing Proposal

Reuters

02-17

BRIEF-Star Entertainment Announces Debt Refinancing Proposal

Feb 17 (Reuters) - Star Entertainment Group Ltd SGR.AX:

DEBT REFINANCING PROPOSAL
RECEIVES DEBT FINANCING PROPOSAL FROM OAKTREE
OAKTREE TO PROVIDE A$650 MILLION IN DEBT FACILITIES
OAKTREE WOULD BE WILLING TO PROVIDE A TOTAL OF A$650 MILLION IN TWO DEBT FACILITIES WITH A TERM OF 5 YEARS
BOARD OF STAR WILL CONSIDER PROPOSAL
GROUP CONTINUES TO EXPLORE POSSIBLE LIQUIDITY SOLUTIONS

Further company coverage: SGR.AX

((Reuters.Briefs@thomsonreuters.com;))

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