Response to Media Report - Update on submission of accounts
| Stock | The Star Entertainment Group Ltd (SGR.ASX) |
|---|---|
| Release Time | 27 Aug 2025, 9:05 a.m. |
| Price Sensitive | Yes |
Star Entertainment Group provides update on accounts submission
- Discussions ongoing with lenders on potential covenant waivers
- Unaudited accounts for period ended 30 June 2025 to be lodged on 29 August 2025
- Audited accounts targeted for lodgement by 30 September 2025
The Star Entertainment Group Limited (ASX code: SGR) has provided an update in response to a media report regarding the company and its lenders. The company noted that it continues to rely on the support of its lenders under the Senior Facility Agreement (SFA), including in respect of likely covenant waivers post 30 June 2025. Accordingly, The Star has been, and continues to be, in discussions with the SFA lender group in respect of potential covenant waivers for 30 September and 31 December 2025. The SFA lender group has proposed various terms in exchange for providing the requested covenant waivers which, in aggregate, are unacceptable to The Star. The company currently anticipates that on Friday, 29 August 2025, it will lodge with the ASX unaudited accounts for the period ended 30 June 2025. The company is targeting finalisation of its audited accounts during September 2025 and lodgement with the ASX by 30 September 2025.