Noble keeps credit ratings but agencies warn of downgrades if liquidity worsens

Singapore

CREDIT rating agencies are maintaining their grades on Noble Group after it reported a massive net loss and further slide in its cash position, but warned of downgrades if the company's liquidity situation worsens.

Moody's Investors Service on Tuesday said that Noble's third-quarter results will have no immediate impact on its Caa3 corporate family rating or negative rating outlook.