Noble Group buys time with another credit extension, but future remains uncertain

Noble Group buys time with another credit extension, but future remains uncertain

FILE PHOTO: The reception of Noble Group is seen at its headquarters in Hong Kong March 23, 2015. REUTERS/Bobby Yip/File Photo

Troubled commodity trader Noble Group on Thursday said it had received an extension on a loan until May next year, giving it crucial time for negotiations over debt restructuring.

But the firm, based in Hong Kong and listed in Singapore, said the outcome of the discussions with creditors remained uncertain.

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