Bally's Corporation enters into a binding agreement with The Star for AUD 300 Million Strategic Capital Investment via Convertible Notes and Subordinated Debt

PROVIDENCE, R.I., April 7, 2025 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) ("Bally's" or the "Company") today announced that it has entered into a binding term sheet with The Star Entertainment Group Limited (ASX: SGR) ("The Star") comprising a multi-tranche issuance of subordinated convertible notes and subordinated debt (together the "Notes") with an aggregate principal value of AUD $300 million (approximately USD$187 million1) (the "Transaction"). View PDF Bally’s Corporation enters into a bin ...