Struggling Noble Group's gets gets loan extension

Singapore-listed Noble Group is struggling to restructure more than USD 1 billion in debt. Now, the commodities trader has had a deadline for a loan repayment postponed at the last minute, but the negotiations remain uncertain, reports Reuters.

by DANIEL LOGAN

Noble Group has been given a little room to breathe while trying to restructure its huge debt burden, after the commodities trader had a deadline on a loan expiring in December postponed.

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Noble Group's loan deadline looms amid restructuring talks
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Noble Group risks equity wipeout as shares retreat yet again
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