The Star agrees to refinance all debt with WhiteHawk Capital
The Star Entertainment Group agreed a refinancing with WhiteHawk Capital Partners to refinance all its debt and secure additional liquidity. The company is targeting completion by mid-May and said the deal does not depend on the outcome of its case with Australia’s financial watchdog; it is negotiating waivers with current lenders.
The refinancing could change The Star’s debt and liquidity position, subject to lender waivers and completion.