Noble Group buys back $20 million of 3 5/8% senior notes due 2018

By Toni Weeks

San Luis Obispo, Calif., April 1 – Noble Group Ltd. repurchased $20 million of its 3 5/8% fixed-rate medium-term notes due 2018, according to a company notice. The redemption amount represents 5% of the outstanding principal amount of notes.

Following the buyback, the company has $380 million of the notes outstanding.

Noble Group is a Hong Kong-based conglomerate that focuses on raw materials.

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