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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item
Published on 1/15/2010 in the Prospect News Emerging Markets Daily.

Brazil's Vale to redeem all $150 million of its 8.926%, 4.43% notes

By Devika Patel

Knoxville, Tenn., Jan. 15 - Vale SA said it plans to redeem all $150 million of its outstanding 8.926% export receivables securitization notes due 2010 and its 4.43% export receivables securitization notes due 2013.

There are $27.5 million of the 8.926% notes outstanding and $122.5 million of the 4.43% notes outstanding.

The mining company is based in Rio de Janeiro.


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