Vale signs MOU with Bank of China

Vale signs Memorandum of Understanding with Bank of China during historic visit of President Xi Jinping to Brazil
07/17/2014

During an official ceremony witnessed by Brazilian President Dilma Rousseff and President Xi Jinping, Vale signed a Memorandum of Understanding with the Bank of China, reinforcing a long-term partnership between Vale and one of China’s leading financial institutions.
Bank of China (BOC) and Vale signed a Memorandum of Understanding for cooperation and global financing arrangements under which BOC would be able to provide up to US$ 2.5 billion in financing services in the form of syndicated loans, bilateral loans, export credit, trade finance, among other cooperation initiatives.
Bank of China (BOC) and Vale signed a Memorandum of Understanding for cooperation and global financing arrangements under which BOC would be able to provide up to US$ 2.5 billion in financing services in the form of syndicated loans, bilateral loans, export credit, trade finance, among other cooperation initiatives.