* Special meeting of shareholders to decide firms future
* Noble seeks to hand over 70 pct equity to its creditors
* Nobles value plunges to $143 mln from $6 bln in 2015
* Restructured company faces big task to cut losses, debt (Adds details in paragraphs 9, 12, adds link to graphic)
By Anshuman Daga
SINGAPORE, Aug 27 (Reuters) – Noble Group Ltd faces a key shareholder meeting on Monday as the shrivelled commodity trader attempts to clinch a last-ditch $3.5 billion debt restructuring deal to stay afloat and put a three-year crisis behind it.
Shareholders are being asked to support a debt-for-equity swap that will leave them with ownership of just 20 percent of the business. Multiple sources familiar with the matter say the proposal is ex…
Read the full article at: https://www.reuters.com/article/noble-group-debt/update-1-battling-for-life-noble-group-bets-on-3-5-bln-debt-restructuring-idUSL3N1VI1TH