Noble's top creditors to introduce new restructuring formula in courts this week

Noble's top creditors to introduce new restructuring formula in courts this week

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

Noble Group Ltd plans to introduce the schemes of arrangement that underpin its restructuring this week, a key step in the creation of a new company that senior creditors signaled will hold to the highest standards of corporate governance after a drawn-out crisis.

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