International commodities merchandiser Noble Group yesterday announced that it is seeking to launch its first international straight dollar bond. The company is looking to raise $500 million through a ten year, non-call five structure. The bonds will be Reg-S 144A. JPMorgan is sole book runner on the deal.
The company will be going on simultaneous road shows, with the A team going to Singapore today, Hong Kong on Friday and various European destinations next Monday, Tuesday and Wednesday. The B team will be going to various US cities from today until next Wednesday. Launch and pricing of the deal will follow thereafter. It is understood that CEO Richard Elman will...
