Vale Overseas Ltd., a subsidiary of Vale SA, issued $1 billion in new 30-year US dollar bonds. According to sources, Vale's bond yield premium over comparable US bonds is 210 basis points, compared to a proposed premium of about 250 basis points. This is Vale's second international bond market financing in a year. On June 25, the company announced a $500 million bond repurchase plan involving bonds due in 2034, 2036, and 2039.
淡水河谷出售10亿美元公司债
Vale SA sells $1 billion in corporate bonds.
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