Report
EUR 156.64 For Business Accounts Only

Moody's: Noble Group's rating unaffected by its weak 3Q results

Announcement: Moody's: Noble Group's rating unaffected by its weak 3 Q results. Global Credit Research- 14 Nov 2017. Hong Kong, November 14, 2017-- Moody's Investors Service says that Noble Group Limited's weak financial results for Q3 2017 will have no immediate impact on its Caa3 corporate family rating or the negative rating outlook.
Underlying
Noble Group Limited

NOBLE GROUP HOLDINGS LIMITED is an investment holding company principally engaged in the provision of energy products and industrial raw materials supply chain management. Together with subsidiaries, the Company operates business of global supply chain manager of energy, power and gas products, metals and carbon steel materials. The Company also engages in the bauxite mining and alumina refining operation in Jamaica.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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