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Reuters

Reuters

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Star gets potential lifeline as Oaktree offers refinancing; shares rally

Reuters
Summary
Nutrition label

78% Informative

U.S.-based Oaktree Capital Management offered to refinance $413.40 million of Star Entertainment's debt.

Shares in the Australian casino operator jumped 8.3% to A$ 0.13 in Sydney following the announcement.

Star has been urgently seeking to raise capital after expressing doubts last month about its viability.

VR Score

88

Informative language

95

Neutral language

29

Article tone

formal

Language

English

Language complexity

71

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links