BRIEF-Star Entertainment Says Refinancing Proposal With Salter Brothers Now Withdrawn

Reuters
02 Apr
BRIEF-Star Entertainment Says Refinancing Proposal With Salter Brothers Now Withdrawn

April 2 (Reuters) - Star Entertainment Group Ltd SGR.AX:

  • ASX ALERT-STATUS OF REFINANCING PROPOSAL

  • HAS NOT RECEIVED A BINDING DEBT COMMITMENT LETTER AND REFINANCING PROPOSAL HAS NOW BEEN WITHDRAWN. WITH SALTER BROTHERS CAPITAL

  • CONTINUES TO BE UNABLE TO LODGE ITS HALF YEAR FINANCIAL REPORT IN ABSENCE OF AN APPROPRIATE REFINANCING SOLUTION

  • CONTINUES TO EXPLORE LIQUIDITY SOLUTIONS INCLUDING ENGAGING WITH BALLY'S CORPORATION

Further company coverage: SGR.AX

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

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