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Noble Group receives commitment on trade finance facility

The debt-stricken commodity trader Noble Group will receive USD 100 million for LNG business from existing shareholders if rescue plan goes through.
Photo: Chrevon
Photo: Chrevon
by OLE ANDERSEN

Noble Group has ensured the commitment of USD 100 million in a presumably much needed finance facility from a group of existing shareholders in the listed commodity trader, according to a stock market announcement submitted to the Singapore Stock Exchange Friday.

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