Daniel Stanton is head of Asian credit at IFR and is based in Singapore, where he has been reporting on capital markets since 2009. He has previously worked in Dubai, London and Pontypridd. He can be found tweeting at @IFRstanton.
Shareholder Goldilocks Investment has filed a lawsuit against Noble Group and certain of its executives, including founder Richard Elman and chairman Paul Brough, alleging that the past and present executives breached their fiduciary duties.
Struggling commodities trader Noble Group has moved closer to restructuring its liabilities with the signing of an agreement with holders of around half its senior debt, having improved the terms for some stakeholders.
Clifford Capital priced a government-guaranteed bond last week, giving offshore investors rare exposure to Singapore sovereign risk and setting a new benchmark ahead of an anticipated wave of infrastructure-related issuance.