Report of Foreign Issuer (6-k)
July 06 2020 - 11:24AM
Edgar (US Regulatory)
United States
Securities and Exchange Commission
Washington,
D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the
Securities Exchange Act of 1934
For the month of
July 2020
Vale S.A.
Praia de Botafogo nº 186, 18º
andar, Botafogo
22250-145 Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
(Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.)
(Check
One) Form 20-F x Form 40-F ¨
(Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1))
(Check One) Yes ¨
No x
(Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7))
(Check
One) Yes ¨ No x
(Indicate by check mark whether the registrant by furnishing
the information contained in this Form is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.)
(Check One) Yes ¨ No
x
(If “Yes” is marked, indicate below the file number
assigned to the registrant in connection with Rule 12g3-2(b). 82- .)
Vale plans to offer notes due 2030
Rio de Janeiro, July 6,
2020 – Vale S.A. (“Vale”) hereby announces that its wholly owned subsidiary Vale Overseas Limited (“Vale
Overseas”) plans to offer notes due 2030 guaranteed by Vale. Vale intends to apply the net proceeds from the offering for
general corporate purposes.
The notes will be unsecured
obligations of Vale Overseas and will be fully and unconditionally guaranteed by Vale. The guarantees will rank equally in right
of payment with all of Vale’s other unsecured and unsubordinated debt obligations.
BB Securities Limited,
Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., Mizuho Securities USA LLC, MUFG Securities Americas Inc.
and SMBC Nikko Securities America, Inc. are acting as joint lead managers and joint bookrunners.
The offering is being made
pursuant to an effective shelf registration statement. A preliminary prospectus supplement with further information about the proposed
offering has been filed with the U.S. Securities Exchange Commission (SEC). Before you invest, you should read the preliminary
prospectus supplement and other documents Vale and Vale Overseas have filed with the SEC for more complete information about the
companies and the offering. You may access these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively,
the underwriters will arrange to send you the prospectus if you request it by calling BB Securities Limited at +44 (207) 367 5800
(collect); Citigroup Global Markets Inc. at + 1 (800) 831-9146 (US toll free); Credit Agricole Securities (USA) Inc. at +1 (866)
807-6030 (US toll free); Mizuho Securities USA LLC at +1 (866) 271-7403 (US toll free); MUFG Securities Americas Inc. at +1 (877)
649-6848 (US toll free); or, SMBC Nikko Securities America, Inc. at +1 (888) 868-6856 (US toll free).
Ever since the Covid-19 outbreak
began, our highest priority is the health and safety of our employees. Our IR team adopted work-from-home, and as we continue to
face these new circumstances, we strongly recommend you prioritize e-mail and online engagement.
For further information,
please contact:
Vale.RI@vale.com
Ivan Fadel: ivan.fadel@vale.com
Andre Werner: andre.werner@vale.com
Mariana Rocha: mariana.rocha@vale.com
Samir Bassil: samir.bassil@vale.com
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, 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) and in particular the factors
discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.
Signatures
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Vale S.A.
(Registrant)
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By:
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/s/ Ivan Fadel
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Date: July 6, 2020
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Director of Investor Relations
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