VALE : S.A. : Vale plans to offer notes due 2022

Rio de Janeiro, January 4, 2012 - Vale S.A. (Vale) hereby announces that it plans to offer through its wholly-owned subsidiary Vale Overseas Limited (Vale Overseas) notes due January 2022 guaranteed by Vale. Vale plans to use the net proceeds from the offering for general corporate purposes.

The notes will be unsecured obligations of Vale Overseas and will be fully and unconditionally guaranteed by Vale. The guarantees will rank equally in right of payment with all of Vale's other unsecured and unsubordinated debt obligations. 

Citigroup Global Markets Inc., HSBC Securities (USA) Inc., J.P. Morgan Securities LLC, BB Securities Ltd. and Banco Bradesco BBI S.A. are acting as joint lead managers and joint bookrunners.

The offering is being made pursuant to an effective shelf registration statement. A preliminary prospectus supplement with further information about the proposed offering will be filed with the U.S. Securities and Exchange Commission (SEC). Before you invest, you should read the preliminary prospectus supplement and other documents Vale and Vale Overseas have filed with the SEC for more complete information about the companies and the offering. When available, you may access these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the underwriters will arrange to send you the prospectus if you request it by calling Citigroup Global Markets Inc. at [phone], HSBC Securities (USA) Inc. at [phone] or J.P. Morgan Securities LLC at [phone] (each toll-free in the United States), or, if calling from outside the U.S., by calling collect J.P. Morgan Securities LLC at [phone], Banco do Brasil Securities LLC at [phone] or Banco Bradesco BBI S.A. at [phone].

 

For further information, please contact:

[phone]

Roberto Castello Branco: [e-mail]

Viktor Moszkowicz: [e-mail]

Carla Albano Miller: [e-mail]

Andrea Gutman: [e-mail]:
mailto:[e-mail]

Christian Perlingiere: [e-mail]

Fernando Frey: [e-mail]

Marcio Loures Penna: [e-mail]

Samantha Pons: [e-mail]

Thomaz Freire: [e-mail]

This press release may include statements that present Vale's expectations about future events or results. All statements, when based upon expectations about the future and not on historical facts, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM), the French Autorité des Marchés Financiers (AMF), and The Stock Exchange of Hong Kong Limited, and in particular the factors discussed under "Forward-Looking Statements" and "Risk Factors" in Vale's annual report on Form 20-F. 

Vale plans to offer notes due 2022 :
http://hugin.info/144918/R/1575123/490528.pdf

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Source: Vale S.A. via Thomson Reuters ONE

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