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Star Entertainment extends Salter Brothers $750m deal deadline

Summary by Australian Financial Review
Star Entertainment needs to lock in a multimillion-dollar funding package before the start of April or faces the prospect of voluntary administration.

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Star Entertainment extends Salter Brothers $750m deal deadline

Star Entertainment needs to lock in a multimillion-dollar funding package before the start of April or faces the prospect of voluntary administration.

·Sydney, Australia
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IAGIAG

Star extends by a week deadline for Salter Brothers to lock in

Australia’s Star Entertainment Group said Tuesday it has extended by a week an exclusivity and process deed with private equity firm Salter Brothers Capital while the two companies continue working on a debt refinancing package for the troubled casino operator. The original exclusivity period had been due to expire today, Tuesday 25 March, at a time when US casino operator Bally’s Corp is waiting in the wings with an alternate proposal. In a fil…

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Asia Gaming News | AGB - Asia Gaming BriefAsia Gaming News | AGB - Asia Gaming Brief

The Star extending terms of deed for $590M refinancing deal with Salter Brothers to April 1st

Embattled Australian gaming operator The Star has announced that it has extended its refinancing possibility with Salter Brothers Capital to April 1st of 2025. The post The Star extending terms of deed for $590M refinancing deal with Salter Brothers to April 1st first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

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Australian Financial Review broke the news in Sydney, Australia on Tuesday, March 25, 2025.
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