Vale informs on disbursement of its revolving credit lines

3/24/2020

Vale informs on disbursement of its revolving credit lines

Vale informs on the decision to disburse US$ 5 billion from its Revolving Credit Lines maturing June 2022 (US$ 2 bn) and December 2024 (US$ 3 bn).

In making the decision, the Company assessed the increased risks presented to the business by the COVID-19 pandemic and concluded that it would be prudent to take advantage of its strong balance sheet to navigate through the next few months with increased cash reserves.


Vale informs on disbursement of its revolving credit lines