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  • 5 days ago | latinfinance.com | Thierry Ogier

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  • 1 week ago | latinfinance.com | Thierry Ogier

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  • 1 week ago | latinfinance.com | Thierry Ogier

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  • 1 week ago | latinfinance.com | Thierry Ogier

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  • 1 week ago | latinfinance.com | Thierry Ogier

    Brazilian iron ore giant Vale is preparing to return to the local bond market with the goal of raising BRL6 billion ($1 billion) for logistical infrastructure. The company plans to sell three series of notes maturing in 2032, 2035, and 2037 respectively, it said Thursday in a securities filing. The bonds will be classed as “incentivized” infrastructure debentures, which are income tax-free for investors. Vale will invest the proceeds in transport logistics, it said without elaborating.

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