Embattled commodity trader Noble Group on Monday said it would report its financial results for the nine months ended September 30 on November 9.
Noble's management will hold an earnings conference call and webcast on November 9 starting 18:30 Hong Kong / Singapore time, the company said in a statement.
Singapore-listed Noble last month said it expects a total net loss of $1.1 billion and $1.25 billion for the three months to September, and that lenders had agreed to a two-month extension of a waiver related to a revolving-credit facility.
The company also announced the deal to sell its U.S. oil-liquids business to Vitol Group for about $580 million, as commodity trader tries to reduce debt.
The deal is the latest in a string of disposals as Hong Kong-based Noble tries to meet obligations. In July it agreed to sell its smaller North American gas and power business to Mercuria.
Noble Group has already started talks with lenders under its US$1.1 billion revolving credit facility, or RCF, due in May 2018; they have agreed to extend a covenant waiver that was due to expire on Oct 20, 2017 until Dec 20, 2017.
