Brazil's Vale confirms plans to sell euro-denominated bonds

Brazilian mining giant Vale SA (NYSE:VALE) confirmed Tuesday its plans to issue euro-denominated overseas bonds, according to a briefing published at PyS Noticias

According to the report, the miner isĀ planning a benchmark-size, euro-denominated bond, maturing January 2023. This will be Vale'sĀ first issue in the currency in more than two years.