Noble Group 9 Months Results September 2016

Noble Group's nine-month financial results for the period ending September 30, 2016, highlight capital restructuring efforts including a US$500 million rights issue and the sale of Noble Americas Energy Solutions to Calpine. The company reports net loss of US$43 million amid ongoing deleveraging and business rationalization, with net debt-to-capital improved to 47% from 54%, reflecting management's focus on liquidity and returning to profitability.