Noble Group

Noble calls for surprise trading halt after bond default

SINGAPORE (Mar 22): Noble Group has called for a trading halt soon after announcing its first bond default.

Goldilocks says founder Elman's resignation paves way for 'fairer' debt restructuring plan

SINGAPORE (Mar 21): Goldilocks Investment Company welcomed founder Richard Samuel Elman's decision to resign as Noble Group's non-executive director.

Update

Noble Group founder Richard Elman resigns as non-executive director; cost of restructuring likely to match market cap

SINGAPORE (Mar 21): Noble Group founder Richard Elman has resigned as a non-executive director on the embattled commodity supplier's board, ending a three-decade career.

Noble Group sued by top investor as trader defaults on debt

SINGAPORE (Mar 21): Noble Group is being sued by one of its top shareholders in a fresh blow to the embattled commodities trader as it defaults on debt obligations.

Noble Group braces for first bond default as pressure mounts

SINGAPORE (Mar 19): Noble Group is racing against time to garner enough votes for a debt restructuring plan after its decision not to pay a US$379 million ($500 million) bond due Tuesday sets it on course for its first note default.

Noble Group says it won't repay bond as it seeks debt deal

SINGAPORE (Mar 18): Noble Group said it will miss interest and principal payments due this month on two separate bonds, putting it on course for an event of default on its debt after a long-running crisis that has left the commodity trader fighting for it

Goldilocks says 'arrogant' Noble's restructuring proposal still unfair to minority shareholders

SINGAPORE (Mar 15): Goldilocks Investment Company, Noble Group's fifth largest shareholder with an 8.1% stake, is "astounded" that the embattled commodities trader continues to turn deaf ears to calls to make the restructuring proposal more eq

Shareholder revolt emerges as key risk for Noble Group debt deal

(Mar 15): A revolt by Noble Group’s shareholders has emerged as one of the major threats to the struggling trading house’s US$3.5 billion ($4.6 billion) restructuring deal after it agreed terms with a group of hedge fund creditors.

Noble Group seeks to sweeten disputed debt deal after backlash

(Mar 14): Noble Group moved to sweeten the terms of a debt restructuring deal for some of the investors threatening to scupper the commodity trader’s last-gasp bid for survival.

Noble Group options narrow as saga heads for Mar 20 crunch

(Mar 13): The moment of truth is approaching for Noble Group.
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