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(Adds quote from Samarco in paragraph 9)
May 31 (Reuters) - Brazilian miner Vale said late on Wednesday night it had entered into a binding deal on the parameters for a planned debt restructuring at Samarco , a joint venture it shares with miner BHP Group .
Vale said it had agreed on the deal with Samarco, BHP Billiton Brasil and certain creditors that hold more than 50% of Samarco's notes and unsecured bank debt.
The entire restructuring plan still needs approval from the bankruptcy court an...
>>> Read more: UPDATE 2-Brazil's Samarco reaches deal with certain creditors over debt restructuring framework
May 31 (Reuters) - Brazilian miner Vale said late on Wednesday night it had entered into a binding deal on the parameters for a planned debt restructuring at Samarco , a joint venture it shares with miner BHP Group .
Vale said it had agreed on the deal with Samarco, BHP Billiton Brasil and certain creditors that hold more than 50% of Samarco's notes and unsecured bank debt.
The entire restructuring plan still needs approval from the bankruptcy court an...
>>> Read more: UPDATE 2-Brazil's Samarco reaches deal with certain creditors over debt restructuring framework
