Vale raises $1.25bn with curve tightest in a year

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Emerging Markets
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Vale raises $1.25bn with curve tightest in a year

Oliver West
June 08, 2016 06:30 AM
Vale, Carajas, Brazil, Brasil, bond, bono, mining
A FILE undated picture shows a partial view of the Vale mining in the city of Carajas, Para state, Brazil. On 28 November 2011 Vale mining announced 21,400 million investments for 2012. Photo: Werner Rudhart/dpa/ rc | A4045 Werner Rudhart/DPA/PA Images

Latin America DCM bankers said that Vale had timed its return to bond markets to perfection after the Brazilian mining giant pounced on the huge rally in Lat Am credit that followed disappointing US non-farm payroll on Friday.

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SantanderBank of AmericaLatAm BondsEmerging MarketsBrazilHSBCLatAm
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Oliver West
US Bureau Chief - Latin America Editor
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