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United States

Bradespar SA (BRAP4.SA)

BRAP4.SA on Sao Paulo Stock Exchange

28.24BRL
13 Aug 2018
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Latest Key Developments (Source: Significant Developments)

UPDATE 1-Brazil's Bradespar sells debt to pay for Dantas judgment -source

SAO PAULO, Aug 13 Brazilian holding company Bradespar SA, one of the largest shareholders in miner Vale SA, announced a 2.4 billion real ($616 million) commercial paper sale on Monday, and a source with knowledge of the matter said the company plans to use proceeds to pay for a large court award in a dispute with other Vale shareholders.