• Market Update

  • NOBLE GROUP LIMITED
    (Incorporated in Bermuda with limited liability)

    Noble Group Limited (the “Company”) announces that it continues to be in discussions with its creditors. Whilst no assurance can be given as to the outcome of these discussions, the Company believes that these are open and constructive, and are moving forward.

    The Company’s objective in these discussions continues to be: (a) managing the maturity of its borrowings to optimise the use of available cash for the foreseeable future; and (b) treating all stakeholders fairly.

    The Company has obtained an extension on a waiver in relation to the financial covenants in its committed unsecured revolving credit facility to 18 May 2018 (being the maturity date of such facility).

    The Company will keep the market informed of material developments as and when they occur.

    Noble Group Limited
    21 December 2017

    ooOoo

    About Noble Group

    Noble Group (SGX: CGP) manages a portfolio of global supply chains covering a range of industrial and energy products. Noble facilitates the marketing, processing, financing and transportation of essential raw materials. Sourcing bulk commodities from low cost regions such as South America, South Africa, Australia and Indonesia, the Group supplies high growth demand markets, particularly in Asia and the Middle East. For more information please visit www.thisisnoble.com.

    For further details please contact:

    Ms. Chelsea Phua
    Klareco Communications
    Tel: +65 6333 3449
    Email: CPhua@klarecocomms.com

    Ms. Candice Adam
    Argentus PR
    Tel: +44 20 7397 2915
    Email: candice.adam@argentuspr.com

    Mr. Martin Debelle
    Citadel-MAGNUS
    Tel: +61 2 8234 0100
    Email: mdebelle@citadelmagnus.com