Gibson Dunn Advises Underwriters on $750 Million Registered Note Offering by Vale Overseas Limited and Vale S.A.

Firm News  |  February 27, 2025

Gibson Dunn advised BMO Capital Markets Corp., BofA Securities, Inc., Credit Agricole Securities (USA) Inc., HSBC Securities (USA) Inc., and J.P. Morgan Securities LLC, as global coordinators and joint bookrunners, and Morgan Stanley & Co. LLC and Santander US Capital Markets LLC, as joint bookrunners, in an additional $750 million registered note offering by Vale Overseas Limited and Vale S.A. The proceeds of the note offering will be used to repurchase certain series of notes in connection with a simultaneous $450 million tender offer by Vale Overseas Limited and Vale S.A.

The Gibson Dunn corporate team was led by partner Alan Bannister and included of counsel Rodrigo Surcan and associates Malakeh Hijazi, Vlad Zinovyev, and Héctor González Medina. Partner Michael Q. Cannon and associate Blake Hoerster advised on tax matters.