, Singapore

Noble Group inks US$2.3b committed unsecured revolving loan facility

It was supported by 35 banks.

Noble Group announced today that it has inked a US$2.3b committed unsecured revolving loan facility in which 35 banks participated.

The Facilities comprise a 364 day revolving credit facility and a 3 year revolving credit f at 85bps margin and 95bps margin, respectively.

The 3 year revolving credit facility incorporates a utilization fee structure depending on amounts drawn. The Company will apply all amounts borrowed under the facility for the refinancing of purposes. 

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