{"id":65470,"date":"2018-08-29T00:19:17","date_gmt":"2018-08-29T04:19:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=65470"},"modified":"2018-08-29T00:19:17","modified_gmt":"2018-08-29T04:19:17","slug":"noble-group-wins-lifeline-as-shareholders-back-3-5-billion-debt-restructuring-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2018\/noble-group-wins-lifeline-as-shareholders-back-3-5-billion-debt-restructuring-2.html","title":{"rendered":"Noble Group Wins Lifeline as Shareholders Back $3.5 Billion Debt Restructuring"},"content":{"rendered":"<p>(Reuters) Noble Group Ltd (NOBG.SI) won approval from shareholders on Monday for a $3.5 billion debt restructuring plan that should ensure the survival of what was once Asia\u2019s biggest commodity trader. Faced with the prospect of the company\u2019s insolvency, shareholders reluctantly backed a debt-for-equity swap that will leave them owning just 20 percent of the business, while handing majority control to a group of creditors comprised mainly of hedge funds. <\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-noble-group-debt\/noble-group-wins-lifeline-as-shareholders-back-3-5-billion-debt-restructuring-idUSKCN1LC0ME\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Noble Group Ltd (NOBG.SI) won approval from shareholders on Monday for a $3.5 billion debt restructuring plan that should ensure the survival of what was once Asia\u2019s biggest commodity trader. Faced with the prospect of the company\u2019s insolvency, shareholders [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-65470","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/65470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=65470"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/65470\/revisions"}],"predecessor-version":[{"id":65471,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/65470\/revisions\/65471"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=65470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=65470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=65470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}