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Noble's Q4 loss consistent with rating: Moody's

Moody's rates it at lowest investment grade rung, but says firm will maintain 'excellent' liquidity

Published Mon, Mar 2, 2015 · 09:50 PM
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Singapore

COMMODITIES firm Noble Group's full-year earnings are consistent with its current credit rating at the lowest investment grade rung, ratings agency Moody's said in a report yesterday.

It added that it thinks the firm will maintain "excellent" liquidity and can carry out its growth plans with only slightly higher indebtedness.

Moody's note came after Noble posted a stunning US$240 million l…

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