Samarco Mineracao SA has rejected creditors’ formal request to resume talks to restructure its defaulted debt, signaling heightened risks for bond holders, according to people with direct knowledge of the situation.
News ID: 8296 Publish Date : 2020/01/07
A Brazilian mining joint venture between Vale SA and BHP Group Plc, paralyzed after a fatal dam collapse, is soon expected to resume talks to restructure $4 billion in defaulted debt in coming weeks, two sources with knowledge of the matter said.
News ID: 7629 Publish Date : 2019/11/06
Samarco Mineracao SA , the Brazilian mining venture that hasn’t operated since a deadly dam collapse in 2015, is close to regaining a license to restart production and move closer to paying back $3.5 billion in defaulted debt.
News ID: 5638 Publish Date : 2019/08/01