Noble closes $1.55bn loan

09 May 2013

The large consortium of banks working on Noble Group’s $1.55bn loan have closed syndication, and plan to sign the deal on May 13 and 14.

A large number of lenders have made commitments in general and allocations are being finalised, according to bankers.

The deal was already oversubscribed at the top level because of the number of lenders that joined as mandated lead arrangers and bookrunners. ABN Amro, Agricultural Bank of China, Australia and ...

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