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By Tatiana Bautzer
SAO PAULO, March 10 (Reuters) - Creditors of Brazilian miner Samarco Mineracao SA are expected to reject the company's latest restructuring plan when they gather for an assembly on Thursday.
Samarco, a joint venture between Vale SA and BHP Group PLC , is considering making adjustments to the plan but not major changes to the recovery for creditors, said Simon Duncombe, BHP vice president for Brazil non-operated joint ventures.
A letter by bondholders filed in the bankruptcy...
>>> Read more: Creditors of Vale-BHP venture Samarco set to reject restructuring
SAO PAULO, March 10 (Reuters) - Creditors of Brazilian miner Samarco Mineracao SA are expected to reject the company's latest restructuring plan when they gather for an assembly on Thursday.
Samarco, a joint venture between Vale SA and BHP Group PLC , is considering making adjustments to the plan but not major changes to the recovery for creditors, said Simon Duncombe, BHP vice president for Brazil non-operated joint ventures.
A letter by bondholders filed in the bankruptcy...
>>> Read more: Creditors of Vale-BHP venture Samarco set to reject restructuring
