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Noble Group said to be asking lenders to extend credit facility

It has sought to sign a new credit line to replace the US$2 billion borrowing base facility that expires this month


NOBLE Group Ltd is asking lenders to extend a key credit facility until the end of the year as the embattled commodity trader seeks breathing room to negotiate its future. The stock extended a plunge to the lowest level in more than 16 years.

The company's core banks have...

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