18 August 2011 Hong Kong
Noble Group Limited (the “Company”) is pleased to announce that it has on 17 August 2011 established a US$3,000,000,000 Medium Term Note Program (the “Program”). J.P. Morgan Securities Ltd. (“J.P. Morgan”) has been appointed to act as the arranger for the Program.
Under the Program, the Company may issue notes (the “Notes”) from time to time in various currencies, amounts and tenors. The Notes may bear fixed or floating rates, may bear interest on dual currency or index linked bases or may not bear interest. The Notes may be offered on a syndicated or non-syndicated basis.
The Notes and the receipts (the “Receipts”) and the coupons (the “Coupons”) relating to them will constitute direct, unconditional, unsubordinated and (subject to the terms and conditions of the Notes) unsecured obligations of the Company and shall at all times rank pari passu and without any preference among themselves. The payment obligations of the Company under the Notes and the Receipts and the Coupons relating to them shall, save for such exceptions as may be provided by applicable legislation and subject to the terms and conditions of the Notes, at all times rank at least equally with all other unsecured and unsubordinated indebtedness of the Company, present and future.
The net proceeds from the issue of each tranche of Notes will be applied by the Company for general corporate purposes. If, in respect of any particular issue, there is a particular identified use of proceeds, this will be stated in the applicable pricing supplement (the “Pricing Supplement”).
Application has been made to the Singapore Exchange Securities Trading Limited (the “SGX-ST”) for permission to deal in and quotation for any Notes which are agreed at the time of issue thereof to be so listed on the SGX-ST. Such permission will be granted when such Notes have been admitted to the Official List of the SGX-ST. Unlisted series of Notes may also be issued pursuant to the Program. The relevant Pricing Supplement in respect of any series of Notes will specify whether or not such Notes will be listed on the SGX-ST (or any other stock exchange). There is no assurance that the application will be approved. Admission to the Official List of the SGX-ST and quotation of any Notes on the SGX-ST is not to be taken as an indication of the merits of the Company, its subsidiary companies (if any), its associated companies (if any) or such Notes. The SGX-ST assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained herein.
About Noble Group
Noble Group (SGX: N21) manages the global supply chain of agricultural and energy products, metals and minerals. Noble operates from over 120 offices in 40 countries, employing approximately 80 nationalities. Noble manages a diversified portfolio of essential raw materials, integrating the sourcing, marketing, processing, financing and transportation. Noble owns and manages an array of strategic assets, sourcing from low cost producers such as Brazil, Argentina, Australia and Indonesia and supplying to high growth demand markets including China, India and the Middle East. Today, Noble has interests in grain crushing facilities, coal and iron ore mines, fuel terminals and storage facilities, sugar and ethanol plants, ports, vessels and other key infrastructure.
For further details please contact:
Stephen Brown
Noble Group Limited
Tel: +852 2250 2060
Fax: +852 2861 0018
Email:
stephenbrown@thisisnoble.comstephenbrown@thisisnoble.comThis e-mail address is being protected from spambots. You need JavaScript enabled to view it
Brad Smolar
Smolar Limited
Tel: +852 6339 3396
Fax: +852 2573 2473
Email:
reputation@smolar.comreputation@smolar.comThis e-mail address is being protected from spambots. You need JavaScript enabled to view it