Noble Group signs workout deal with 46 percent senior debt holders
Financially distressed commodity trader Noble Group has signed a debt agreement with creditors including Deutsche Bank.
by Lianting Tu and David Yong, Bloomberg
Noble Group Ltd. has signed an agreement with a group of senior creditors to reorganize about USD 3.5 billion of debt, marking further progress in a deal that will halve the company's debt and give creditors control of the embattled commodity trader.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Noble Group strikes restructure deal with lenders
For subscribers
