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Vale SA / Vale Overseas Limited

30 September 2010

Jonathan Culshaw, corporate and funds partner in London, advised the Brazil-based international mining company Vale on a US$1 billion offering of notes by its wholly-owned Cayman Islands subsidiary Vale Overseas Limited.

Vale is the world’s second-largest mining and metal company in market value, with assets of more than US $100 billion. It is a leading producer of nickel, copper concentrate, bauxite, alumina, potassium, kaolin, manganese and iron alloys. It is also the largest logistics service provider in Brazil and the largest contributor to the Brazilian balance of trade.