03.06.2016 12:38:00

Noble Group Limited -- Moody's: Noble Group's equity rights issue is credit positive; ratings unaffected

Hong Kong, June 03, 2016 -- Moody's Investors Service says that Noble Group Limited's announced $500 million rights issue is credit positive, but has no immediate effect on the company's Ba3 corporate family rating and senior unsecured bond ratings, or the (P)Ba3 provisional rating on its senior unsecured medium-term note (MTN) program.

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