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Vale pays holders of mandatory convertible notes
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Tuesday, 03 Nov 2009
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Vale SA announced that the US dollar value to be paid as additional interest on its mandatorily convertible notes:

(a) Series RIO and RIO P, USD 0.486179 and USD 0.577029 per note respectively;

(b) Series VALE-2012 and VALE.P-2012, USD 0.701101 and USD 0.810900 per note respectively.

The trustee of the mandatorily convertible notes, the Bank of New York will pay the note holders on November 6th 2009.

(Sourced from euroinvestor.co.uk)

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