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Fitch downgrades Noble's credit rating to junk
Published Tue, May 17, 2016 · 09:50 PM
Singapore
FITCH Ratings has downgraded the credit rating of Hong Kong-based commodities trader Noble Group to junk, citing a weakening debt maturity profile that is "no longer consistent with an investment-grade rating".
This move came on the heels of similar downgrades by peers Standard and Poor's and Moody's in recent months.
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