Monday, March 30, 2026 8:02 AM
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Ben Blaschke, Inside Asian Gaming
Australia’s Star Entertainment Group has entered into a binding commitment letter with funds associated with US-based WhiteHawk Capital Partners to refinance the group’s debt.
In a Monday morning filing, Star revealed that the letter provides for a refinance of existing group debt in full and incremental liquidity to retain sufficient liquidity for the ordinary course of operations.
It is, however, contingent on the satisfaction of conditions precedent including entry into long form finance documentation, receipt of required regulatory approvals, completion of the disposal of the group’s interest in Destination Brisbane Consortium (DBC) and other customary financial close deliverables, it said.