Noble Group has said creditors holding the majority of its senior debt now accept its $3.4bn restructuring plan.
It said support for the deal has risen to 55% with ING the latest bank to receive credit approval and acced to the restructuring agreement (RSA).
Noble said ING’s support as a fronting bank was “instrumental” for the availability of the new $600m three-year committed trade finance facility to support operations post restructuring.
