News
25 March 2020

Vale to draw $5bn from credit lines

In:
Metals and Mining
Region:
Americas

Brazilian miner Vale will draw $5 billion from its revolving credit lines to strengthen its liquidity due to the coronavirus pandemic. The company also announced an emergency aid package to its suppliers, paying in advance BRL160 million ($31 million) to its mid-sized and small suppliers.  Vale...

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


Report
25 November 2025

Tides turn on SLLs in commodity finance

The 2025 edition of TXF’s annual Commodity Finance Research Report is now available. It reflects the views of a market that has been bruised by disruptions to trade: cautious,...

Perspective
27 November 2025

TXF Dealmakers 2025: Top takeaways

The main themes - including decarbonisation and political volatility - have been echoed in TXF’s earlier events. But the sense of urgency about transformations to economies...