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ENERGY & OFFSHORE | Staff Reporter, Singapore

Noble Group meets with stakeholders

It will discuss options on capital structure and liquidity position.

Noble Group enters into preliminary discussions with its various stakeholders to discuss possible options on capital structure and the company’s liquidity position.

According to a press release, dscussions remain in line with the company’s primary objectives of managing maturity of its borrowings to optimize use of available cash for the future and promising fair treatment for all stakeholders.

Noble announced that it will continue to prioritise near term liquidity and operate on a normal basis amidst expectations of debt restructuring.

Just this week, shares of Noble sank after DBS Bank cut off funding support from the embattled company. 

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