Noble Group's restructuring likely to cost more than $100m

Noble Group's restructuring likely to cost more than $100m

Noble Group Ltd. signage sits on display outside during an investor day in Singapore, on Monday, Aug. 17, 2015. Photographer: Nicky Loh/Bloomberg

The cost of Noble Group Ltd.’s restructuring is likely to top $100 million, another financial burden for the cash-strapped commodities trader that has defaulted on its bonds.

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