Vale Announces The Signing Of Project Finance For Nacala

Vale S.A. has announced that the Nacala Logistic Corridor (NLC) companies recently signed the binding financing contracts in the form of a project finance, through which NLC will raise US$2.730billion, broken down as follows: US$1.030 billion from Japan Bank for International Cooperation (JBIC)US$1.000 billion loan insured by Nippon Export and Investment Insurance (NEXI) from the following institutions: Sumitomo Mitsui Banking Corporation; The Bank of Tokyo Mitsubishi UFJ Ltd; Mizuho Bank Limit


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