Noble Group launches $2.25bln loan facilities

Amounts borrowed will be used to refinance some of the company’s debt.

Noble said the facilities comprise a $675 million 364-day committed and a $1.58 billion three-year committed unsecured revolving loan facility.

The company has appointed ABN Amro Bank N.V., Banco do Brasil S.A., Bank of America, The Bank of Tokyo-Mitsubishi UFJ, Citigroup, Commerzbank AG, Rabobank International, DBS Bank, Goldman Sachs, the Hongkong and Shanghai Banking Corporation, ING Bank, JPMorgan Chase, Natixis, the Royal Bank of Scotland Societé Generale and Standard Chartered as the bookrunner mandated lead arrangers.