Noble signs restructuring deal with senior creditors, slashing debt

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

Noble Group Ltd. has signed an agreement with a group of senior creditors on a debt restructuring, marking further progress in a deal that will halve the company’s debt and give creditors control of the embattled commodity trader.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Should your colleagues be reading this article too? Contact us for corporate subscriptions at subs@dealstreetasia.com.