Noble tries to steer round iceberg with bond issue

Commodities trading group hopes to head for calmer waters after avoiding a liquidity crunch by taking advantage of rallying bond prices to re-finance short-term bank debt.
March 06, 2017

The embattled Noble Group returned to the international bond markets on Monday with a $750 million Reg S transaction, which may remove any lingering concerns about the company's immediate debt repayment abilities. 

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