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Moody's, Fitch maintain junk rating for Noble's proposed US$ bonds
Moody's warns of downgrade if cashflow from operations remains weak and liquidity deteriorates further
Add BT as a preferred sourcePublished Mon, Mar 6, 2017 · 09:50 PM
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Singapore
CREDIT rating agency Moody's has kept its junk bond rating for Noble Group's proposed new bonds, warning that the rating could be downgraded if the firm's cashflow from operations remains consistently weak and liquidity deteriorates further.
Fitch Ratings also maintained its BB+ junk bond rating for the proposed notes.
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