Australia's Star Entertainment secures loan covenant waiver
Yahoo Finance·2025-09-30 01:26
(Reuters) -Australian embattled casino group Star Entertainment Group said on Tuesday it has finalised discussions with lenders, securing a loan covenant waiver for September 30 under its syndicated facility agreement. The waiver, subject to the exchange of signed documentation, follows Star's disclosure in its unaudited preliminary financial report for 2025, released on August 29, where it noted ongoing talks with lenders regarding waivers for future financial covenant testing. The Australian Financial ...