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Noble Group Launches $3B Note Program

Noble Group has set up a $3 billion medium-term note program.

Noble Group has set up a $3 billion medium-term note program. The Hong Kong- based supplier of energy, food and mining commodities may issue bonds in diverse currencies, amounts and tenors. The notes may bear fixed or floating rates, may carry interest on dual-currency or index-linked basis or may not bear interest.

The issue can be offered on a syndicated or non-syndicated basis. The company intends to use the proceeds from the issue of each tranche for general corporate purposes. JP Morgan Securities has been hired to serve as the arranger for the program.

Click here for the release from Noble Group.

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