BRIEF-Star Entertainment Enters Into New Debt Facilities

Reuters
07 Mar
BRIEF-Star Entertainment Enters Into New Debt Facilities

March 7 (Reuters) - Star Entertainment Group Ltd SGR.AX:

  • NEW DEBT FACILITIES AND ADDITIONAL LIQUIDITY

  • ENTERED INTO DOCUMENTATION FOR A SENIOR SECURED A$250 MILLION BRIDGE FACILITY

  • ENTERED INTO AN EXCLUSIVITY AND PROCESS DEED RELATING TO A REFINANCING PROPOSAL

  • PROPOSAL HAS POTENTIAL TO PROVIDE TOTAL DEBT CAPACITY FOR GROUP OF UP TO A$940 MILLION

Further company coverage: SGR.AX

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

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