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Noble Group Gets $3.2B Credit Facilities

Commodities trader Noble Group has secured revolving credit facilities worth about $3.2 billion.

Commodities trader Noble Group has secured revolving credit facilities worth about $3.2 billion. The facilities include a $1 billion 364-day committed credit facility, a $341.9 million 364-day committed facility and a $1.7 billion three-year committed facility.

The firm had previously planned to acquire facilities worth about $2.25 billion

. The loan arrangers include ABN AMRO Bank, a unit of Banco do Brasil, Bank of America, Bank of Tokyo-Mitsubishi UFJ and Citigroup Global Markets Asia.

Click here for the release from Noble Group.

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