You are here

Noble's US$5b estimated loss could push creditors to accept debt deal: analysts

Singapore

A MASSIVE annual loss estimate by commodities trader Noble Group makes it more likely that creditors will back its US$3.4 billion debt-for-equity restructuring to ensure the company's survival, analysts said.

Noble, which flagged an annual loss of up to US$5 billion on

sentifi.com

Market voices on: