Vale mines for 10 year after ironing out liquidity issues

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Vale mines for 10 year after ironing out liquidity issues

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

Lat Am bond bankers said Brazilian mining giant Vale had timed its second bond issue of the year to perfection, but the bond left investors happy too as it popped in the grey market on Wednesday.

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