A Bermuda court has granted an order appointing a court officer to Singapore trader and bulker owner Noble Group in order to finalise its $3.5bn debt restructuring.
The company had warned last week that this was its last roll of the dice to push through the formation of a new operation, New Noble, and secure its future.
Completion of the restructuring scheme, which is being carried out in the UK and Bermuda, is expected on Wednesday.
