By Rogerio Jelmayer

 

SAO PAULO--Brazilian mining giant Vale SA (VALE, VALE3.BR, VALE5.BR) said Tuesday that it is planning an overseas bond issue due in 2021.

The company, which didn't disclose the amount to be raised from the operation, said that it would use the proceeds for general purposes, "including repayment of indebtedness."

Banco Bradesco BBI, BB Securities Ltd., HSBC Securities, Merrill Lynch, Pierce, Fenner & Smith Inc., and Santander Investment Securities Inc. are coordinating the operation.

 

Write to Rogerio Jelmayer at rogerio.jelmayer@wsj.com

 

(END) Dow Jones Newswires

June 07, 2016 10:12 ET (14:12 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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