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Noble granted extension on waiver for revolving credit facility

Michelle Zhu Published on Thu, Dec 21, 2017 / 7:55 AM GMT+8

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SINGAPORE (Dec 21): Noble Group has obtained an extension on a waiver relating to the financial covenants in its committed unsecured revolving credit facility, which was due to mature today, to 18 May 2018.

See: Noble Group’s loan deadline looms amid restructuring talks

In a Thursday filing before trading began, the beleaguered commodities trader says it continues to be in discussions with its creditors.