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Vale SA | 6-K: Vale Announces Early Tender Results of Cash Tender Offers for Notes Due 2036, 2039, And 2034

Vale SA | 6-K: Vale Announces Early Tender Results of Cash Tender Offers for Notes Due 2036, 2039, And 2034

淡水河谷 | 6-K:淡水河谷公佈2036年、2039年和2034年到期票據的現金投標要約的早期投標結果
美股sec公告 ·  07/10 06:09
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Vale SA, through its wholly owned subsidiary Vale Overseas Limited, announced the early tender results for its cash tender offers for notes due in 2036, 2039, and 2034. As of July 9, 2024, the company received tenders exceeding the maximum aggregate principal amount of $500 million set for the offers. Consequently, Vale Overseas will purchase $415.44 million of the 6.875% Guaranteed Notes due 2036 and $84.56 million of the 6.875% Guaranteed Notes due 2039, while none of the 8.250% Guaranteed Notes due 2034 will be accepted due to oversubscription. The offers, which were made in accordance with the terms outlined in the June 25, 2024 offer to purchase, will not accept any notes tendered after the early tender date. The total consideration for the accepted notes will be determined on July 10, 2024, and payment is expected to...Show More
Vale SA, through its wholly owned subsidiary Vale Overseas Limited, announced the early tender results for its cash tender offers for notes due in 2036, 2039, and 2034. As of July 9, 2024, the company received tenders exceeding the maximum aggregate principal amount of $500 million set for the offers. Consequently, Vale Overseas will purchase $415.44 million of the 6.875% Guaranteed Notes due 2036 and $84.56 million of the 6.875% Guaranteed Notes due 2039, while none of the 8.250% Guaranteed Notes due 2034 will be accepted due to oversubscription. The offers, which were made in accordance with the terms outlined in the June 25, 2024 offer to purchase, will not accept any notes tendered after the early tender date. The total consideration for the accepted notes will be determined on July 10, 2024, and payment is expected to be made on July 11, 2024. The tender offers are set to expire on July 24, 2024, and are being managed by BMO Capital Markets Corp., Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., HSBC Securities (USA) Inc., and MUFG Securities Americas Inc., with D.F. King & Co., Inc. serving as the tender and information agent.
淡水河谷通過其全資子公司Vale Overseas Limited宣佈其2036、2039和2034年到期的現金要約發行提前收益的結果。截至2024年7月9日,公司收到的投標超過了提供的行動上限5000萬美元的最大總本金。因此,Vale Overseas將購買價值4,154.4萬美元的6.875%擔保債券,到期日爲2036年,以及8,456萬美元的6.875%擔保債券,到期日爲2039年,由於超額認購,將不接受2034年到期的8.250%擔保債券。該要約覆蓋的範圍符合2024年6月25日的要約條款,不接受提前投標日期之後的任何債券。對於已被接受的債券的總費用將在2024年7月10日確定,預計在...展開全部
淡水河谷通過其全資子公司Vale Overseas Limited宣佈其2036、2039和2034年到期的現金要約發行提前收益的結果。截至2024年7月9日,公司收到的投標超過了提供的行動上限5000萬美元的最大總本金。因此,Vale Overseas將購買價值4,154.4萬美元的6.875%擔保債券,到期日爲2036年,以及8,456萬美元的6.875%擔保債券,到期日爲2039年,由於超額認購,將不接受2034年到期的8.250%擔保債券。該要約覆蓋的範圍符合2024年6月25日的要約條款,不接受提前投標日期之後的任何債券。對於已被接受的債券的總費用將在2024年7月10日確定,預計在2024年7月11日付款。這些要約發行將於2024年7月24日到期,由BMO Capital Markets Corp.、花旗全球市場公司、Credit Agricole Securities(USA)公司、HSBC Securities(USA)公司和MUFG Securities Americas Inc.管理,D.F. King & Co.,Inc.充當要約和信息代理商。
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