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Noble Group is said to lose key bank prop as DBS cuts loans

Commodity trader Noble Group has lost support from one of its key banks, and the company seems to be on track for inevitable debt restructuring.
Photo: Noble Chartering
Photo: Noble Chartering
BY CHANYAPORN CHANJAROEN & JAVIER BLAS, BLOOMBERG

Noble Group Ltd., the commodity trader fighting for survival, lost support from one of its key banks as Singapore's DBS Group Holdings Ltd. cut lending, according to a person with knowledge of the matter. Shares fell.

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