Noble Group Ltd (NOBG.SI)
16 Mar 2018
March 16 Troubled commodity trader Noble Group said on Friday it had not, and would not, make payments in relation to debt notes due in 2018 and 2022.
March 14 The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Wednesday:
SINGAPORE Commodities merchant Noble Group has finalised a restructuring agreement with a group of senior creditors holding 46 percent of its debt, and is in talks with others, as it races to launch a deal crucial to its survival.
* Company would seek move to Britain if deal not approved (Adds quotes in paras 3-4)
SINGAPORE, March 14 Trading in shares of Noble Group was halted on Wednesday, just days after the commodities trader said it was very close to reaching final terms with a group of senior creditors to restructure its debt.
SINGAPORE Embattled commodities trader Noble Group has opted not to pay the coupon on a $750 million bond, but said on Monday that it was "very close" to reaching final terms with a group of senior creditors over a proposed restructuring of its debt.
* Company has a $379 million bond maturing on March 20 (Recasts, adds statement and context)
SINGAPORE Commodities trader Noble Group plunged to a $4.9 billion annual loss, mainly due to losses on derivatives contracts, and said it was still in talks with creditors to finalize a rescue deal.
* Company had flagged massive loss last week (Recasts, adds comments from chairman)
SINGAPORE, Feb 28 Commodities trader Noble Group Ltd plunged to an annual loss of $4.9 billion versus a profit of $8.7 million a year ago, mainly due to non-cash losses on its derivatives contracts, the company said.