27
Dec
12:13
Vale negotiates revolving credit facility
Brazilian miner Vale tells Kallanish that has successfully completed a $ 3 billion syndicated revolving credit facility, which will be available for five years.
The revolving credit line was arranged by a banking syndicate comprised of 16 global banks and will replace the $ 3 billion line that was signed in 2015, the miner says.
“The total available amount in revolving credit facilities remains at $ 5 billion, as Vale already have an existin…
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