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Release clause in Noble's restructuring plan raises concern
Published Wed, Mar 7, 2018 · 09:50 PM
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Hong Kong
AS EMBATTLED commodities trader Noble Group Ltd scrambles to win support for its controversial debt restructuring proposal, one focus among some observers is a clause in the plan that releases the company and its representatives from claims made by senior creditors.
On page 5 of the restructuring term sheet, the clause states that the ar…
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