Response to media speculation - SFA lenders
| Stock | The Star Entertainment Group Ltd (SGR.ASX) |
|---|---|
| Release Time | 30 Sep 2025, 10:44 a.m. |
| Price Sensitive | Yes |
The Star Entertainment Group Confirms SFA Lender Negotiations
- The Star Entertainment Group is in discussions with lenders regarding potential covenant waivers
- Negotiations have been finalized, with a covenant waiver for 30 September 2025 confirmed
- These matters will be considered as part of the process to finalize the company's audited financial report
The Star Entertainment Group Limited (ASX code: SGR) has referred to media speculation regarding its negotiations with lenders under the Group's syndicated facility agreement (SFA Lenders). In the Group's Unaudited Preliminary Financial Report for FY2025 released on 29 August 2025, the Group noted it was in discussion with lenders regarding waivers for future financial covenant testing. The Company has now confirmed that these discussions have been finalized, with a covenant waiver for 30 September 2025 confirmed, subject to the exchange of signed documentation. These matters will be considered by the Directors as part of the process to finalize the Company's audited financial report for the year ended 30 June 2025, which is due to be lodged by the end of today.