{"id":51013,"date":"2015-05-15T18:08:00","date_gmt":"2015-05-15T20:08:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/vale-takes-us-3-billion-stand-by-loan\/"},"modified":"2019-06-30T13:00:03","modified_gmt":"2019-06-30T16:00:03","slug":"vale-takes-us-3-billion-stand-by-loan","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/vale-takes-us-3-billion-stand-by-loan\/","title":{"rendered":"Vale takes US$ 3 billion stand-by loan"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Brazilian mining company Vale has completed arrangements for a syndicated loan &ndash; known as a revolving credit facility &ndash; for US$ 3 billion, with repayment due in five years, it reported this Friday (15th). The participating syndicate comprises 24 global banks, led by BNP Paribas, Citibank, Cr&eacute;dit Agricole and Sumitomo.<\/p>\n<p>Revolving credit is the type that remains on standby and is replenished as the debtor pays the installments they are due. This operation will replace another US$ 3 billion loan taken in 2011. Vale can withdraw US$ 2 billion until 2018 and the entire US$ 3 by 2020. The mining company also has another active line of credit for US$ 2 billion. <\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian mining company has completed an operation with a syndicate of 24 global banks. The sum will be available for withdrawal until 2020, replacing a previous line of credit.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-51013","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Brazilian mining company has completed an operation with a syndicate of 24 global banks. The sum will be available for withdrawal until 2020, replacing a previous line of credit.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/51013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=51013"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/51013\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=51013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=51013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=51013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}