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Tuesday, 24 May 2011

Noble Group launches US$2.25b loan facility

SINGAPORE - Singapore-listed commodity firm Noble Group said on Tuesday it has launched the syndication of its US$2.25 billion revolving loan facility.

The facilities comprise a US$675 million 364-day committed and a US$1.6 billion three-year committed unsecured revolving loan facility, the company said.

Noble has appointed ABN Amro Bank NV, Banco do Brasil SA, Bank of America, The Bank of Tokyo-Mitsubishi UFJ, Citigroup, Commerzbank AG, Rabobank International, DBS Bank, Goldman Sachs, the Hongkong and Shanghai Banking Corporation, ING Bank, JPMorgan Chase, Natixis, the Royal Bank of Scotland Societe Generale and Standard Chartered as the bookrunner mandated lead arrangers. -- REUTERS

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