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3/24/20

Investors

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.

 

Media Relations Office - Vale
imprensa@vale.com

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