You are here

BT EXCLUSIVE

Noble in intense talks to repackage debts holistically

A source says this could be resolved by Christmas; asset disposals are key in the commodity trader's survival bid

2017-11-14T013954Z_877137320_RC15C40BC470_RTRMADP_3_NOBLE-GROUP-MOVES-CEO.JPG
Troubled commodity trader Noble Group has been locked in intense talks with unsecured creditors in Hong Kong and London in recent weeks for a "holistic" restructuring of its US$3.5 billion debt pile.

Singapore

TROUBLED commodity trader Noble Group has been locked in intense talks with unsecured creditors in Hong Kong and London in recent weeks for a "holistic" restructuring of its US$3.5 billion debt pile.

Sources say a resolution could be reached by Christmas. The "single

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom