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Noble Group set to clinch US$3b in credit facilities

Published Tue, May 10, 2016 · 09:50 PM
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Singapore

NOBLE Group is set to clinch about US$3 billion in bank credit, sources close to the matter said, in a move that will help Asia's biggest commodity trader to overcome a major refinancing hurdle this year.

But the company could end up paying one of the highest interest rates in its existence because lenders are wary …

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