SINGAPORE (Jan 30): Shares in Noble Group fell on Tuesday after it struck a deal with a group of creditors to restructure US$3.5 billion ($4.6 billion) of its debt in exchange for 70% of the firm, with existing equity holders' combined stake diluted to only 10%.

See: Noble reaches in-principle deal to restructure debt; Iceberg urges creditors to reject

In early Tuesday trade, Noble shares fell as much as 23% to 20 cents, the lowest since Jan 22, and were last down 11.5% at 23 cents.

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