SP
BravenNow
Australia’s Star Entertainment inks $390 million refinancing deal with WhiteHawk
| USA | economy | ✓ Verified - investing.com

Australia’s Star Entertainment inks $390 million refinancing deal with WhiteHawk

Entity Intersection Graph

No entity connections available yet for this article.

}
Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Iran warns U.S. over ground attack, threats expand to American targets Up 56%+, this energy stocks may still have further room to run What is the impact of oil shock scenarios on fixed-income markets Iran war is having negative effects on both restaurant demand and supply, analyst (South Africa Philippines Nigeria) Australia’s Star Entertainment inks $390 million refinancing deal with WhiteHawk By Stock Markets Published 03/29/2026, 06:56 PM Updated 03/29/2026, 07:00 PM Australia’s Star Entertainment inks $390 million refinancing deal with WhiteHawk 0 SGR 0.00% March 30 - Australia’s Star Entertainment said on Monday it had secured a binding commitment for $390 million in refinancing with funds associated with private credit investment manager WhiteHawk Capital Partners as the firm moves to refinance its existing debt. The casino operator said the three-year facility will fully refinance its existing group debt and deliver incremental liquidity to support ordinary course operations. The refinancing remains subject to a number of conditions customary for a financing of this nature, including the execution of long‑form finance documentation, receipt of required regulatory approvals and others. The company added it was working to complete the refinancing by no later than May 15, in order to satisfy the conditions of a waiver granted by its existing senior lenders on February 27. The announcement comes on the heels of Star saying in late February that it had reached an in-principle agreement with WhiteHawk on a potential refinancing. At its first-half results on February 27, Star also said it had secured a waiver of the December 31, 2025, financial compliances under its loan facility agreement. Under the terms of the waiver, Star was required to deliver a refinancing commitment letter by March 31, and execute a refinancing of the loan facility agreement by May 15, to avoid a default.
Read full article at source

Source

investing.com

More from USA

News from Other Countries

🇬🇧 United Kingdom

🇺🇦 Ukraine