Noble CEO says Moody's rating does not reflect positive impact of recent agri deal

Noble CEO says Moody's rating does not reflect positive impact of recent agri deal

Noble Groups Chief Executive Officer Yusuf Alireza. Photo: Reuters

Noble Group Ltd’s chief executive has written to staff to say the commodity trader’s financials were improving and did not warrant Tuesday’s “unexpected” move by Moody’s Investors Service to downgrade its credit rating to junk status.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter