News
19 August 2021

Brazil prosecutors seek to force Vale, BHP to pay off Samarco's debt

In:
Metals and Mining
Region:
Americas

Brazilian prosecutors asked a bankruptcy court to compel miners Vale and BHP Group to fully pay off their Samarco joint venture's BRL50.7 billion ($9.47 billion) debt.Samarco filed for bankruptcy protection in April as it struggled to restructure its debt, which it stopped servicing after a dam...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
02 July 2026

Oryx and Trafigura show two speeds of commodity ABS

Oryx has priced a landmark Permian midstream ABS that may open a new funding route for commodity infrastructure borrowers. But with Trafigura’s latest commodity receivables...

Perspective
06 July 2026

The new CAD: Moving credit and asset distribution beyond...

TXF’s inaugural Credit and Asset Distribution Day (CAD) gives a platform to a market that has often shaped the limits of long-dated finance, but from the shadows. What's the...