cut debt

SINGAPORE (Jan 30): Shares in Noble Group slumped 13% on Tuesday after the battered commodity trader proposed a deal under which existing shareholders' equity would be nearly wiped out, while the restructured company would have much lower debt.

SINGAPORE (Dec 15 ): Noble Group expects to soon receive a proposal from creditors on its debt restructuring, its chairman said, as the struggling commodities trader seeks to keep its business running.