Suppliers

Noble Group risks equity wipeout as shares retreat yet again

The Hong Kong-based commodities trader saw its stock sell-off deepen as it presses on with efforts to restructure its debt amid fears of a looming default.
Photo: Noble Chartering
Photo: Noble Chartering
BY JASMINE NG. BLOOMBERG

Noble Group Ltd.'s stock sell-off deepened as the trader pressed on with an effort to restructure its debt burden amid concerns it will default and, separately, transferred a block of shares to employees who are leaving the company as it disposes of North American energy assets.

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:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs