Battle-hardened Noble investors shrug off downgrades

Even as Moody's and S&P again cut the ailing commodities trader's ratings, speculation creditors will throw it a lifeline, propping up bond prices.

Noble Group's US-denominated bonds remained largely unchanged on Tuesday after ratings agencies Moody's and S&P again cut their ratings on the troubled commodities trader deeper into junk territory.

¬ Haymarket Media Limited. All rights reserved.

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