Noble Group Ltd. warned of another quarterly loss, driven by restructuring and finance costs, as the embattled commodity trader moves toward completing a USD 3.5 billion rescue deal that will hand control to creditors.
The net loss for the three months to September will be USD 90 million to USD 115 million, according to a filing on Monday. It expects to incur restructuring costs of about USD 35 million, after spending more than USD 100 million in the first half.
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