Vale informs about debt amortization
Vale informs that it has repaid US$ 1 billion out of the US$ 3 billion drawn under the Revolving Credit Lines in January 2016. As previously announced, Vale partially used the proceeds from the US$ 1.250 billion, 5.875% Guaranteed Notes due 2021, to repay some of its lines of credit.
The above mentioned amortization is consistent with Vale's strategy on managing its debt profile by extending its average maturity while resetting the available funding from the Revolving Credit Lines.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Mining & Metals (Brazil)
Brazil’s Vale in advanced talks with govt over rail concession investments
The mining giant is under growing political pressure on several fronts.
Brazil's Nexa prices US$600mn bond issue
The notes mature in 2034 and will be used to refinance previous issues.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Mining & Metals (Brazil)
Get critical information about thousands of Mining & Metals projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Jambreiro
- Current stage:
- Updated:
7 days ago
- Project: Luna Greenfields
- Current stage:
- Updated:
1 week ago
- Project: Matupá (ex Guarantã)
- Current stage:
- Updated:
1 week ago
- Project: Borborema
- Current stage:
- Updated:
1 week ago
- Project: Potássio Autazes
- Current stage:
- Updated:
1 week ago
- Project: Juremal
- Current stage:
- Updated:
2 weeks ago
- Project: Custodia
- Current stage:
- Updated:
2 weeks ago
- Project: Buriturama
- Current stage:
- Updated:
2 weeks ago
- Project: Aripuanã
- Current stage:
- Updated:
2 weeks ago
- Project: Lima
- Current stage:
- Updated:
3 weeks ago
Other companies in: Mining & Metals (Brazil)
Get critical information about thousands of Mining & Metals companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Mineração Terras Raras S.A.  (Mineração Terras Raras)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Atlântica Minas Empreendimentos, Participações e Mineração Ltda.  (Atlântica Minas)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Grupo Minas Gusa
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: ArcelorMittal Brasil S.A.  (ArcelorMittal Brasil)
-
ArcelorMittal Brasil is a unit of Luxembourg-based steelmaker ArcelorMittal SA It is primarily engaged in long steel, flat steel, tubular and mining products. It has industrial ...
- Company: Brazil Copper Mineracao Ltda
- Company: Mata Azul S.A.
- Company: RTB Geologia E Mineraçăo Ltda.
- Company: BHBC Exploraçăo Mineral Ltda
- Company: Saint-Gobain Canalizaçao Ltda.  (Saint-Gobain Canalizaçao Brasil)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...