19
May
14:28
Samarco faces two new restructuring plans
Brazilian iron ore miner and pellet producer Samarco has received two different proposals for the restructuring of its debt under a bankruptcy protection plan.
The miner, co-owned by Vale and Australia's BHP Billiton, filed for bankruptcy protection in 2021 to avoid early payment to some bondholders to preserve its cash flow and resume full production.
On Monday, a group of creditors presented their new restructuring plan for the mining company, after they co…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous