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

Cecilia Jamasmie | July 3, 2012 | 2:46 pm Europe Latin America Iron Ore 

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 is planning a benchmark-size, euro-denominated bond, maturing January 2023. This will be Vale’s first issue in the currency in more than two years.

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