Brazil’s Vale to redeem all €750 million bonds due 2018 on March 24

By Marisa Wong

Morgantown, W.Va., Feb. 23 – Vale SA gave notice that it will redeem in full its bonds due March 2018 on March 24.

There is €750 million of the bonds outstanding, according to a 6-K filing with the Securities and Exchange Commission.

Vale is a Rio de Janeiro-based producer of iron ore and nickel.

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