Australia's Star Entertainment agrees on refinancing terms with WhiteHawk

Reuters

Feb 26

Australia's <a href="https://laohu8.com/S/EHGRF">Star Entertainment</a> agrees on refinancing terms with WhiteHawk

Feb 26 (Reuters) - Australia's Star Entertainment SGR.AX said on Thursday it has reached an agreement for a non-binding term sheet with U.S.-based private credit investment manager WhiteHawk Capital Partners for proposed refinancing of its debt.

Star Entertainment said the proposal will refinance its existing total debt and provide incremental liquidity to facility the embattled casino group's turnaround plan.

(Reporting by Sneha Kumar in Bengaluru; Editing by Alan Barona)

((Sneha.Kumar@thomsonreuters.com))

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