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Noble completes debt restructuring, transfers assets to new entity

New Noble will have access to US$800m of debt facilities, allowing it to continue its commodity trading operations

Mr Brough will be the chairman of New Noble until "a suitable successor has been identified".


NOBLE Group said on Thursday that it has restructured its debt and transferred substantially all of its assets into an entity known as New Noble.

New Noble, meanwhile, has access to US$800 million of debt facilities, which will allow it to continue its core business of...

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