Australia's Star fails to secure Salter Brothers loan, eyes Bally's previous lifeline-February 2024-www.financetom.com

Australia's Star fails to secure Salter Brothers loan, eyes Bally's previous lifeline

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Australia's Star fails to secure Salter Brothers loan, eyes Bally's previous lifeline

Apr 1, 2025 4:33 PM

April 2 (Reuters) - Australian casino operator Star Entertainment said on

Wednesday that its refinancing proposal with investment group Salter Brothers Capital worth up

to A$940 million ($590.70 million) has now been withdrawn.

The cash-strapped firm continues to be unable to lodge its half-year results and added that

it is now exploring a previously made refinancing solution with U.S. casino group Bally's Corp

($1 = 1.5913 Australian dollars)

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