Singapore-listed Noble Group's major shareholder, Goldilocks Investment, raised stake in the embattled commodity trader on Tuesday, allaying immediate concerns that the company would default.
Following is a list of important events so far this year:
July 16, 2017
Noble Group shares climb amid speculation of stake build
June 23, 2017
Fitch Ratings cut Noble's credit rating to a score indicating that a default is possible
June 22, 2017
Goldilocks buys 5.03 percent stake in the company
June 16, 2017
Noble Group seals deal with banks to extend a $2 billion credit facility
June 14, 2017
Ex-CEO filed suit against founder for owing stock in the company
May 26, 2017
Fitch Ratings cut the embattled commodity trader's rating for a second time
May 25, 2017
Fitch Ratings cut Noble's rating by three steps to B- and notes on negative watch
May 24, 2017
Noble Group says discussions with strategic parties ongoing
May 11, 20017
Noble Group says it might not be profitable until 2019
February 20, 2017
Company closes $1 billion borrowing facility
February 27, 2017
Commodity trader posts a small profit for 2016
