The Star Entertainment Group Ltd (ASX:SGR) Receives $650m Debt Refinancing Proposal
Debt Refinancing Proposal
The Star Entertainment Group Ltd (ASX:SGR) has received a $650 million debt financing proposal from Oaktree Capital Management. The proposal includes two debt facilities with a term of five years and is subject to various conditions, including government consents and due diligence.
Liquidity and Going Concern
The Group is exploring additional liquidity solutions, but there remains material uncertainty regarding its ability to continue as a going concern without definitive arrangements.
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