Noble Group signs US$2.3 billion committed unsecured revolving loan facility
Mainboard-listed Noble Group announced on Tuesday the closing of its syndicated committed unsecured revolving loan facilities with a total size of US$2.3 billion. The company said the transaction was well supported by banks globally with 35 banks participating. The facilities comprise a 364 day revolving credit facility and a 3 year revolving credit facility, priced […]
MAS may delay unsecured loan cap implementation
The unsecured bank borrowing limit of 12 months’ income for consumers, which was slated to take effect in June, could kick in later. The Monetary Authority of Singapore (MAS) is reviewing the implementation timeline and details will be released early next month, said Minister for Culture, Community and Youth Lawrence Wong. He was responding to […]
