Star Entertainment to consider $650m debt refinancing offer from Oaktree Capital Management

California-based Oaktree Capital Management is reportedly trying to work out a deal with Star Entertainment’s lenders to buy out their debt. More from ABC News.

Meanwhile, Bally’s Corporation, which has 19 casinos across 11 American states, sent representatives to Australia to meet Star and visit its casinos last week, and has also met key Star shareholders and lenders. More from AFR (subscription required).