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Vale issues $1B in bonds

BRAZILIAN mining giant Vale has issued $US1 billion ($A960 million) in bonds maturing in 2022 and...

Kristie Batten
Vale issues $1B in bonds

The bonds have a coupon rate of 4.375% per annum, payable semi-annually at a price of 98.804% of face value of the title. The bonds mature in January 2022 and were issued with a spread of 255 basis...

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