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Companhia Vale Do Rio Doce Share News

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Brazil's Vale Confirms Plans To issue Overseas Bonds

SAO PAULO--Brazilian mining company Vale SA (VALE) confirmed Tuesday its plans to issue euro-denominated overseas bonds. The company said it will use the proceeds for corporate general proposes. It didn't unveil the amount to be raised from the operation. BNP Paribas SA, Credit Agricole CIB, HSBC Holdings PLC and Natixis are the lead managers of the sale. Vale is planning a benchmark-size, euro-denominated bond, maturing January 2023, one of the banks running the deal said. Initial price thoughts are in the area of 185 basis points over midswaps. --Write to Rogerio Jelmayer at rogerio.jelmayer@dowjones.com Ben Edwards contributed for this article

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
07/06/201517:47:37ADRs End Lower; Financial Firms Decline
07/06/201510:05:24Report of Foreign Issuer (6-k)
07/03/201505:49:27China Ends Ban on 400,000-Ton Iron-Ore Freighters
06/26/201506:02:49Report of Foreign Issuer (6-k)
06/25/201517:21:51Report of Foreign Issuer (6-k)
06/20/201516:08:03Is China Going to Use the Mining Downturn to Take Over the Industry?
06/15/201517:19:58Brazilian Shares Dragged Lower by Uncertainty on Greek Debt;...
06/10/201518:13:19ADRs End Higher; 21Vianet Rises, Renren Declines
06/10/201517:24:37Brazilian Shares Rise as Vale Advances; Real Weakens Against...
06/10/201512:30:35Brazil's Vale Plans to Slash Capital Spending Next Three Years
06/10/201512:19:26Brazil's Vale Plans to Slash Capital Spending Next Three Years
06/03/201521:40:12U.S. Steelmakers Seek Punitive Tariffs on Imports
06/03/201506:03:01Report of Foreign Issuer (6-k)
06/01/201515:05:02Is This Metals Giant Loading a $2 Billion Growth Cannon?
06/01/201508:53:36Report of Foreign Issuer (6-k)
05/29/201512:09:02How Much Are You Paying for Growth at Vale SA (ADR)?
05/29/201509:30:25Brazil Economy Contracts Less Than Expected
05/23/201516:00:025 Things Vale SA ADR's Management Wants You to Know
05/22/201515:02:02These Mining Giants Are Throwing in the Towel; Are Iron Ore Prices...
05/20/201522:10:21China Cosco, China Shipping Development Sign Long-Term Shipping...

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