January 23, 2019 |
Brazil's Vale could come to terms with lenders for a $3bn revolving credit facility within the next month, an investor relations officer said.
"We may have announcements related to this in a few weeks, when we announce our 2018 annual results," said Renata Capanema, an IR analyst at the mining company.
Vale is scheduled to report its full-year financial results for 2018 on February 20.
The company could pay a lower rate on the upcoming loan than it did for a $2bn revolver in June 2017, said a ba
Brazilian miner could reveal the pricing conditions when it posts 2018 results next month