Money Street News


A parcel of loans to troubled casino operator Star Entertainment have been pitched to investors by a fixed-income broker in a sign some of Star’s lenders may be considering offloading their positions, amid a gruelling second Bell inquiry and further turnover of talent.

Star Entertainment raised $300 million of four-year senior secured debt in November 2023 from a syndicate of private debt funds to accompany its $750 million equity raising at the time.



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


No, thank you. I do not want.
100% secure your website.