Founded by former metal dealer Richard Elman, the Hong Kong-based, Singapore-listed commodities trading firm, Noble Group, has long been a favourite of fund managers. So far, It has been has been able to raise equity with very little problem. But to maintain the company’s rocketing growth, new funding sources are being added to its traditional use of commodity-based transactional financing, says former Goldman Sachs banker and Global CFO Steve Marzo.
What's your borrowing strategy for this year
Marzo As of the third quarter 2003 our turnover and gross profits were up 48% and our net profits were up 40% year-on-year. Full year results will be out on...