Samarco's existing financial debt will be exchanged for up to $3.7 billion of long-term unsecured debt. "BHP, Vale Joint Venture Gets Court Approval for Debt Restructure Plan" at 0713 GMT incorrectly said Samarco's existing debt would be unchanged.

 

(END) Dow Jones Newswires

September 04, 2023 05:12 ET (09:12 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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