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Noble swaps notes in Sundance for cash, shares, options worth A$27.6m

Singapore

TROUBLED commodities trader Noble Group is forgoing its convertible notes in debt-ridden Australian miner Sundance Resources in exchange for cash, new shares and options worth A$27.6 million (S$27.3 million).

This includes A$11.9 million in cash, which Noble Group said "...

sentifi.com

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