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Noble Signs $100M Grain Financing
HONG KONG - Jun 21/04 - SNS -- Noble Group Limited has signed a U.S. $100 million multi-currency syndicated loan facility by its Singapore subsidiary, Noble Grain Pte Ltd.
The loan facility will be exclusively utilized in conjunction with the Company’s growing grain business which includes a wide variety of grains including soybeans, pulses, feed grains and rice.
The syndicated loan was put together by Standard Chartered Bank. It comes on the heels of another $100 million syndicated loan facility for Noble’s cocoa business. In addition, Noble is finalizing a $125 million syndicated loan facility in the US for Noble’s aluminum business.
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