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Star Entertainment Updates Convertible Notes Issuance

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Star Entertainment Updates Convertible Notes Issuance

Star Entertainment Group Limited ( (AU:SGR) ) has issued an announcement.

The Star Entertainment Group Limited has updated its previous announcement regarding the issuance of Tranche 1A and Tranche 1B Convertible Notes. The proposed issue date for these securities has been set to April 11, 2025, with the first interest payment scheduled for July 12, 2025. This update is part of the company’s strategic financial maneuvers, potentially impacting its liquidity and market positioning.

More about Star Entertainment Group Limited

The Star Entertainment Group Limited is a company operating in the entertainment and hospitality industry, primarily focusing on casino and resort operations. It is listed on the Australian Securities Exchange under the code SGR.

YTD Price Performance: -9.17%

Average Trading Volume: 10,916

Technical Sentiment Signal: Strong Buy

Current Market Cap: $196.7M

For a thorough assessment of SGR stock, go to TipRanks’ Stock Analysis page.

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