Vale Sells $1 Billion of Bonds Maturing in 2022
By -
Jan 4, 2012
Vale SA (VALE3) sold $1 billion of bonds maturing in 2022, according to an e-mailed statement.
The securities have a coupon of 4.375 percent and were priced with a spread of 255 basis points over U.S. Treasuries, Vale said.
To contact the reporter on this story: Adriana Chiarini in Rio de Janeiro at achiarini4@bloomberg.net
To contact the editor responsible for this story: Jonathan Roeder at jroeder@bloomberg.net