Moody’s: Noble unaffected by sale

Moody's Investors Service said that Noble Group Ltd.’s announced sale of its Noble Americas Energy Solutions business (unrated) to Calpine Corp. (Ba3 stable) is credit positive.

At the same time, the proposed transaction has no immediate effect on Noble's B2 corporate family rating and senior unsecured bond ratings, or the provisional B2 rating on its senior unsecured medium-term note program.

The outlook remains negative.

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