The Star Entertainment Group has confirmed it has reached an agreement over debt waivers which will allow it to publish audited results.
The Australian casino operator had faced a battle to waive covenants on a AU$430m loan as it looks to shore up its finances.
Previous reports from the Australian Financial Review claimed that The Star’s Senior Facility Agreement (SFA) lenders had refused an initial offer of a “small fee” – around one per cent of the loan value.
In response, The Star said it deemed offers it had received from the SFA “unacceptable.”
Now, though, the Australian Financial…