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Fitch puts Noble on negative rating watch
Published Fri, May 6, 2016 · 09:50 PM
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Singapore
THE last remaining credit rating agency with whom Noble Group still enjoys an investment-grade rating might now be changing its mind.
Fitch Ratings on Friday said it was placing the largest commodity trader in Asia on a negative rating watch, as Noble turns to shorter-term and secured financing to reduce financing costs.
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