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Moody's cuts Vale's credit rating to junk

Amanda Stutt | February 27, 2019 | 2:17 pm Latin America Iron Ore 

Mining giant Vale (NYSE: VALE) took a hit on Wednesday when Moody's Investor Service downgraded its debt to junk. Moody’s downgraded the miner’s senior unsecured ratings and the ratings on the debt issues of Vale Overseas Limited. The downgrades remove...

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