annb0t
Top 20
By Roushni Nair
(Reuters) -Australian mining giant BHP said on Monday a Brazilian court had approved the reorganisation plan for its Samarco joint venture, clearing the path for the cash-strapped Brazilian miner to move ahead with a $3.7 billion debt restructuring.
The debt reorganisation is intended to help Samarco, an iron ore miner that is 50% owned by BHP and 50% by Vale, meet funding obligations related to rectifying and providing compensation for the damage caused by a 2015 dam collapse ...
>>> Read more: BHP says Brazilian court approves Samarco debt reorganisation plan
(Reuters) -Australian mining giant BHP said on Monday a Brazilian court had approved the reorganisation plan for its Samarco joint venture, clearing the path for the cash-strapped Brazilian miner to move ahead with a $3.7 billion debt restructuring.
The debt reorganisation is intended to help Samarco, an iron ore miner that is 50% owned by BHP and 50% by Vale, meet funding obligations related to rectifying and providing compensation for the damage caused by a 2015 dam collapse ...
>>> Read more: BHP says Brazilian court approves Samarco debt reorganisation plan
