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KM Financial Solutions | Noble Group shares tumble on debt restructuring plan
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Noble Group shares tumble on debt restructuring plan

29 Jan Noble Group shares tumble on debt restructuring plan

Posted at 01:12h in News by
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SINGAPORE, Jan 30 (Reuters) – Shares in Noble Group
fell on Tuesday after it struck a deal with a group of
creditors to restructure $3.5 billion of its debt in exchange
for 70 percent of the firm, with existing equity holders’
combined stake diluted to only 10 percent.

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