Noble Group Limited has completed via Noble Cocoa SA, a US$70mn revolving short-term global cocoa trade finance facility. This facility is granted by Standard Chartered Bank in London, with Société Générale Paris and BNP Paribas Geneva as co-arranging banks.
The loan facility is to be used to support Noble’s cocoa activities and covers also local operations worldwide.
Noble Group is Hong Kong-based, Singapore-listed and Asia’s largest diversified commodities trading company which principal activities comprise six designated operating divisions: agricultural, energy, finance, minerals and ores, logistics and technology. The group links producers and consumers on a global basis, uniquely integrating sourcing, marketing, processing and transportation of industrial and agricultural products and e-commerce through www.rawmart.com.
Noble Group now operates a network of over 30 offices worldwide. These are located in Abidjan, Amsterdam, Beijing, Bangkok, Buenos Aires, Calcutta, Chennai, Chicago, Hong Kong, Ho Chi Minh City, Jakarta, Johannesburg, Kochi, Karachi, Lausanne, Los Angeles, London, Manila, Melbourne, Moscow, Mumbai, Newcastle, New Delhi, Portland, Shanghai, Shenzhen, Singapore, Stamford, Sulawesi, Surabaya, Tokyo and Zurich.