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.