trending Market Intelligence /marketintelligence/en/news-insights/trending/LGQn_KqPagc35sw1BEsTzA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Noble Group completes US$3.45B restructuring process

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020

Noble Group completes US$3.45B restructuring process

Noble Group Ltd. said Dec. 20 that it completed its ongoing US$3.45 billion restructuring process by moving its assets under a new holding company called Noble Group Holdings Ltd. with trade and hedging facilities of US$800 million.

The previous company's senior creditors will hold 70% of the shares in new Noble, the previous company's shareholders will hold 20%, and management will hold 10%.

The company said its existing notes and capital securities will be delisted from the Singapore Stock Exchange, effective Dec. 21. The new entity will be a smaller, unlisted company.

Additionally, Noble Group announced the resignation of nonexecutive directors Wayne Porritt and Tim Isaacs, who helped guide the company through the restructuring process.

This long-awaited milestone was achieved following the Supreme Court of Bermuda's recent approval for the restructuring plan, allowing the company to avoid liquidation.

The company confirmed in November that it received a letter from Singaporean authorities outlining a joint investigation into its accounts due to "suspected false and misleading statements and breaches of disclosure requirements."