SINGAPORE (Sept 5): Noble Group is in discussions with its North American lenders to extend an October deadline for a US$2 billion ($2.7 billion) credit facility, while also taking steps to sell parts of its business to cut debt, its chairman said on Tuesday.

See: Noble Group reports US$1.75 bil 2Q loss, hit by writedowns

See: Noble's giant writedown proves Iceberg Research right after two-year fight

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook