Vale informs about debt amortization


Vale informs about debt amortization

Rio de Janeiro, September 14th, 2020 – Vale S.A. (Vale) informs that it notified creditors that it will repay the outstanding balance of US$ 5 billion from its revolving credit lines maturing in June 2022 (US$ 2 billion) and in December 2024 (US$ 3 billion), which were disbursed in March 2020.

The above mentioned amortization is consistent with Vale’s strategy, fully resetting the available funding from the revolving credit lines to its original amount of US$ 5 billion.

For further information, please contact:

Rogério Nogueira:
André Figueiredo:
Carla Albano Miller:
Fernando Mascarenhas:
Andrea Gutman:
Bruno Siqueira:
Claudia Rodrigues:
Marcio Loures Penna:
Mariano Szachtman:

This press release may include statements that present Vale’s expectations about future events or results. All statements, when based upon expectations about the future and not on historical facts, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM), the French Autorité des Marchés Financiers (AMF), and The Stock Exchange of Hong Kong Limited, and in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.


Vale informs about debt amortization