
Vale Canada Ltd., founded in 2006 and headquartered in Toronto, is a subsidiary of the Brazilian multinational mining company Vale S.A. The company primarily focuses on the extraction and production of key minerals, including nickel and copper, which are essential in various industrial applications and technologies.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
VALEBZ 7.20% 2032-09-15 USDVale Canada Ltd. | Canada | 2032-09-15 | 7.200 | 5.47 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Vale Canada Ltd. began its bond issuance activities in 2018 and has since raised significant capital to support its operations and strategic initiatives. Notably, the company issued $1 billion in green bonds in 2020, aimed at financing environmentally sustainable projects. As of October 2023, yields on Vale Canada bonds are competitive within the industry, reflecting a strong credit rating. Recent reports highlight a steady demand for their bonds, attributed to ongoing investments in sustainable practices and resilience amid fluctuating commodity markets.