The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Key Noble investor sells notes

Annabeth Leow

Annabeth Leow

Published Sun, Aug 26, 2018 · 09:50 PM
Share this article.

Singapore

THE largest shareholder of Noble Group has sold certain senior notes, ahead of a shareholder vote today on the embattled commodities trader's restructuring, the board has said.

Noble Holdings Ltd (NHL), which holds 17.95 per cent of the company and is linked to founder Richard Elman, was understood to have tendered the 6.75 per cent senior notes due 2020 for sale on Aug 17, according to an announcement on Sunday.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here