Embattled Noble Group Can’t Repay Remaining Bond on Time

Noble Group Holdings Ltd., once Asia’s largest commodity trader before being hit by years of losses and collapsing into a restructuring, is seeking to defer repaying its last remaining bond that comes due next month.

The company has struggled since emerging from a multibillion-dollar debt restructuring in 2018, and earlier this year handed ownership of its trading unit to bondholders. Now it’s in talks to defer repayment of its so-called Asset Co.’s bond, as it won’t be able to sell its assets before the note comes due next month, according to a filing from a UK-based subsidiary.

“Asset ...