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Noble keeps credit ratings but agencies warn of downgrades if liquidity worsens
Published Tue, Nov 14, 2017 · 09:50 PM
Singapore
CREDIT rating agencies are maintaining their grades on Noble Group after it reported a massive net loss and further slide in its cash position, but warned of downgrades if the company's liquidity situation worsens.
Moody's Investors Service on Tuesday said that Noble's third-quarter results will have no immediate impact on its Caa3 corporate family rating or negative rating outlook.
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