{"id":2351016,"date":"2026-03-30T05:46:16","date_gmt":"2026-03-30T05:46:16","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2351016"},"modified":"2026-03-30T05:46:16","modified_gmt":"2026-03-30T05:46:16","slug":"star-entertainment-strikes-binding-refinancing-deal-with-whitehawk-capital-brief","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/star-entertainment-strikes-binding-refinancing-deal-with-whitehawk-capital-brief\/","title":{"rendered":"Star Entertainment strikes binding refinancing deal with WhiteHawk \u2014 Capital Brief"},"content":{"rendered":"<p><\/p>\n<div>\n<p><b>The news:<\/b> Embattled casino operator Star Entertainment has executed a binding refinancing commitment with US private credit investment manager WhiteHawk Capital Partners for the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.capitalbrief.com\/briefing\/star-entertainment-reaches-refinancing-agreement-with-whitehawk-e726a6ab-8dd8-423f-bec6-1d3d376e469d\/\" target=\"_blank\">proposed refinancing<\/a> of its debt.<\/p>\n<p><b>The numbers:<\/b> The three-year, $550 million commitment includes a minimum liquidity covenant of $50 million for the first 12 months, increasing to $75 million between 12 months and 18 months, and $100 million for the rest of the period.<\/p>\n<p>The agreement also includes a minimum asset coverage ratio from 31 December 2026 and a minimum EBITDA covenant from 31 March 2027.<\/p>\n<p>The Star said it is working \u201cexpeditiously\u201d to complete the refinancing by no later than 15 May.<\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.capitalbrief.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The news: Embattled casino operator Star Entertainment has executed a binding refinancing commitment with US private credit investment manager WhiteHawk Capital Partners for the proposed refinancing of its debt. The numbers: The three-year, $550 million commitment includes a minimum liquidity covenant of $50 million for the first 12 months, increasing to $75 million between 12 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2351017,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[383596,35206,357431],"class_list":["post-2351016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-asxsgr","tag-gambling","tag-markets"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/03\/Star-Entertainment-strikes-binding-refinancing-deal-with-WhiteHawk-\u2014-Capital.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2351016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2351016"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2351016\/revisions"}],"predecessor-version":[{"id":2351018,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2351016\/revisions\/2351018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2351017"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2351016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2351016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2351016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}