Noble Group

SINGAPORE (Apr 19): Bowing to criticism from the Singapore Exchange (SGX) and other investors, embattled Noble Group is removing a provision in its US$3.4 billion ($4.5 billion) debt restructuring proposal that penalised shareholders voting against the pl

SINGAPORE (Apr 19): Noble Group is currently in default on US$3.4 billion ($4.5 billion) of its financial debt obligations and the group can only survive with the support of its creditors, says chairman Paul Brough in an open letter to shareholders on W

SINGAPORE (Apr 16): Noble Group improved the terms of its controversial $3.4 billion debt restructuring deal and won the support of its biggest shareholder as the commodity trader seeks to complete the vital transaction.

(Apr 13): Noble Group Ltd.’s shares surged more than 60% after senior creditor support for the company’s restructuring passed a key threshold, removing one source of uncertainty from the controversial deal on which the trading house’s survival depen

SINGAPORE (Apr 13): Commodity trader Noble Group said on Thursday that more than 75% of creditors holding the majority of its senior debt have accepted its US$3.4 billion ($4.5 billion) restructuring plan.

LONDON (Apr 10): Richard Elman, the founder and largest shareholder of Noble Group, is pushing the embattled commodities trader's creditors for a new restructuring deal, according to people familiar with the matter, casting fresh doubt on the survival

SINGAPORE (Apr 6): Goldilocks Investment Company, which owns an 8.1% stake in commodities trader Noble Group, says the latter’s currently proposed debt restructuring plan is “doomed to fail” unless it is redesigned to address a number of “serious

SINGAPORE (Apr 5): Singapore Exchange Regulation (SGX RegCo) is urging senior creditors of Noble Group to reconsider the proposal to ensure parity in the treatment of all shareholders.

(Mar 26): Embattled commodity trader Noble Group issued a defense of its planned restructuring, saying if shareholders vote down the plan it will probably enter insolvency proceedings in the UK or file for liquidation, such as Chapter 11 in the US, and ex

(Mar 23): Noble Group’s week of woe just got worse as the commodity trader, which has defaulted on its debt and seen founder Richard Elman quit the board, said that it’s being sued by an Indonesian coal producer for more than a quarter of a billion do