Noble Group taps Bermuda court to keep survival plan afloat

Noble Group taps Bermuda court to keep survival plan afloat

FILE PHOTO: An employee is reflected on the wall as she walks past a signage of Noble Resources, a Noble Group subsidiary, at their premises in Singapore March 6, 2015. REUTERS/Edgar Su/File Photo

Noble Group said on Tuesday it will push on with its $3.5 billion debt restructuring by keeping the new company private, a last-minute effort to avoid seeking insolvency protection for its businesses.

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