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The Star Eyes $650 Million Debt Lifeline from Oaktree Amid Liquidity Worries
7:27am on Monday 2nd of June, 2025 AEST
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The Star Eyes $650 Million Debt Lifeline from Oaktree Amid Liquidity Worries
7:27am on Monday 2nd of June, 2025 AEST
Key Points
Oaktree proposes $650 million in two five-year debt facilities
Proposal contingent on government and regulatory consents in NSW and Queensland
No requirement for subordinated capital raise or tax deferrals
Material uncertainty remains over The Star's ability to continue as a going concern
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THE STAR ENTERTAINMENT (ASX:SGR)
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