02.03.2015 11:57:00
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Noble Group Ltd -- Moody's: Noble's 2014 results consistent with current Baa3 issuer rating and stable outlook
Hong Kong, March 02, 2015 -- Moody's Investors Service says Noble Group Limited's (Baa3 stable) operating results for the fiscal year ended 31 December 2014 were consistent for the Baa3 rating category. Adjusted leverage and interest coverage showed improvement, largely attributable to the 51% sale and spinoff of Noble Agri Limited (unrated) in a transaction that closed at the end of 3Q 2014.