trending Market Intelligence /marketintelligence/en/news-insights/trending/fkxbip-oksj-iju5-pc_oa2 content esgSubNav
In This List

Vale to redeem US$1.50B in 2042 notes

Video

Path to Net-Zero: How are mining companies tracking?

Blog

The Big Picture for 2023: Will Economies See Relief from Knock-on Effects of Russia-Ukraine Conflict?

Case Study

Quantifying the Mining Sector's Equipment & Service needs for Business Development & Resource Allocation Strategy

Blog

Expand Your Perspective: The Biggest ESG Challenges Facing Corporations


Vale to redeem US$1.50B in 2042 notes

Vale SA on June 14 launched a cash tender offer to purchase all of its 5.625% notes due 2042, with an outstanding principal amount of US$1.50 billion.

The company will pay US$1,017.50 per US$1,000 principal amount of the notes tendered, excluding accrued and unpaid interest.

The offer is set to expire June 21, with settlement expected to occur June 26.