BHP News: Vale-BHP JV Samarco says it has not yet reached agreement with creditors - 30th Mar 2022, 10:11pm

annb0t

Top 20
SAO PAULO, March 30 (Reuters) - Brazilian miner Samarco Mineracao SA failed to reach an agreement with creditors on its restructuring plan after a new round of meetings, it said on Wednesday, ahead of an April 1 bondholders assembly.

The company, a joint venture between Vale SA and BHP Group PLC, said in a statement it presented bondholders with "significant improvements" to its restructuring proposal, but no deal had been reached.

Creditors of Samarco had suspended an assembly earlier this mo...

>>> Read more: Vale-BHP JV Samarco says it has not yet reached agreement with creditors
 
Top Bottom