Home THE DAILY EDGE Business Noble said to approach banks for about $2.51b loan facility
Noble said to approach banks for about $2.51b loan facility

Tags: Noble Group

Written by The Edge   
Wednesday, 01 February 2012 13:20
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Noble Group has approached banks for a loan as it seeks to refinance debt, according to three people familiar with the matter.

The loan may total about US$2 billion ($2.51 billion), the people said, asking not to be identified as details are private. Noble has the equivalent of US$7.2 billion of loan facilities maturing before the end of 2017, with US$3.1 billion maturing this year, according to data compiled by Bloomberg.
 
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Last Updated on Wednesday, 01 February 2012 13:25