Bloomberg reported that Noble Group completed a $1.1 billion revolving credit facility.

Bloomberg said the funds will be used by units Noble Americas and Noble Petro as working capital and trade finance.

The facility was increased from an initial $450 million to $1.1 billion, according to Bloomberg.

Bloomberg said the new facility was supported by a syndicate of six banks led by Bank of Tokyo-Mitsubishi and Societe Generale as joint lead arrangers and joint bookrunners.