• The Star Entertainment Group confirms receiving a refinancing proposal
• The proposal has the potential to provide up to $940 million in debt capacity
• The company has entered into an exclusivity and process deed with Salter Brothers Capital

The Star Entertainment Group Limited (ASX: SGR) has responded to recent media speculation, including an article in the Australian Financial Review, regarding a refinancing proposal announced by the company on Friday, 7 March 2025. The company refers to its previous ASX announcement on the same date, titled 'New Debt Facilities and Additional Liquidity', in which it announced that The Star had received a refinancing proposal that has the potential to provide total debt capacity for the Group of up to $940 million. The company confirms that if this proposal is finalized, it would provide The Star with sufficient liquidity to refinance all of the Group's existing debt. The Star further confirms that it has entered into an exclusivity and process deed with Salter Brothers Capital relating to the Refinancing Proposal.

The refinancing proposal, if finalized, has the potential to provide The Star Entertainment Group with total debt capacity of up to $940 million, allowing the company to refinance all of its existing debt.