Brazil’s Vale plans to sell guaranteed notes due 2030

Chicago, July 6 – Vale Overseas Ltd. announced plans to sell guaranteed notes due July 2030 (BBB-), according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be unconditionally guaranteed by Vale SA.

The issue will feature a make-whole call and then a par call.

Joint lead managers and joint bookrunners for the offering are BB Securities Ltd., Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., Mizuho Securities USA LLC, MUFG and SMBC Nikko Securities America, Inc.

Proceeds will be used for general corporate purposes.

Vale is a Rio de Janeiro-based metals and mining company.

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