Noble

Noble: completed the issue of US$500m 4.875% senior notes due 2015 (priced at 99.842%), and US$250m 6.625% senior notes due 2020 (priced 99.704%). The cost of debt related to this issue is lower than the previous three senior note issues conducted in 2005/08/09. Noble expects these notes to be rated BBB- by S&P and Fitch, and Baa3 by Moody’s. SGX has granted in-principle approval for the notes to be listed.