Vale SA, a leading global mining company, and its wholly-owned subsidiary Vale Overseas Limited, have announced the offering of US $% Guaranteed Notes due, with a maturity date set for . The notes are unconditionally guaranteed by Vale SA and are expected to be listed on the New York Stock Exchange. The offering is subject to completion, with a preliminary prospectus supplement dated June 25, 2024, and a final prospectus supplement to be issued. The notes will pay semi-annual interest, beginning in 2024, with Vale Overseas having the option to redeem the notes at any time at specified redemption prices. The net proceeds from the offering are intended for general corporate purposes, which may include liability management transactions. The offering involves global coordinators...Show More

Vale SA, a leading global mining company, and its wholly-owned subsidiary Vale Overseas Limited, have announced the offering of US $% Guaranteed Notes due, with a maturity date set for . The notes are unconditionally guaranteed by Vale SA and are expected to be listed on the New York Stock Exchange. The offering is subject to completion, with a preliminary prospectus supplement dated June 25, 2024, and a final prospectus supplement to be issued. The notes will pay semi-annual interest, beginning in 2024, with Vale Overseas having the option to redeem the notes at any time at specified redemption prices. The net proceeds from the offering are intended for general corporate purposes, which may include liability management transactions. The offering involves global coordinators and joint bookrunners, including BMO Capital Markets, Citigroup, Credit Agricole CIB, HSBC, MUFG, BofA Securities, Goldman Sachs & Co. LLC, Bradesco BBI, and UBS Investment Banking. The announcement also highlights that neither the SEC nor any state securities commission has approved or disapproved of the securities, nor have they determined the accuracy of the prospectus. The notes are not intended to be offered or sold to any retail investor in the EEA or the UK, in compliance with regulatory requirements.