CMC's Yang Says Things Not on Right Track for Noble

Noble is facing significant financial challenges, with rising default risks and a deteriorating solvency status. The company issued a profit warning, reporting substantial losses in the second quarter, leading to a 40% decline in market cap. Liquidity issues are exacerbated by a negative feedback loop, making it difficult to raise funds. Noble's five-year note is trading at a low value, reflecting its solvency concerns, and the cost of funding is increasing.

What impact do the losses have on Noble's ability to raise funds?

What is the current treatment of Noble's five-year note in terms of its power value?