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Star Entertainment Group Limited ( (AU:SGR) ) has issued an update.
The Star Entertainment Group Limited has announced an extension of its exclusivity agreement with Salter Brothers Capital regarding a refinancing proposal. This proposal, if finalized, could provide the company with up to $940 million in debt capacity, enabling it to refinance all existing debt and potentially strengthening its financial position.
More about Star Entertainment Group Limited
The Star Entertainment Group Limited operates in the entertainment and hospitality industry, primarily offering casino, hotel, and related services. It focuses on providing leisure and entertainment experiences in the Australian market.
YTD Price Performance: -9.17%
Average Trading Volume: 211,542
Technical Sentiment Signal: Buy
Current Market Cap: $198.2M
For an in-depth examination of SGR stock, go to TipRanks’ Stock Analysis page.