Samarco creditors postpone debt restructuring decision to April 18
Samarco Germano and Fundao dams (Image: BHP)
Creditors of miner Samarco Mineracao agreed on Friday to postpone a final decision on the company’s debt restructuring, the company said.
The Brazilian joint venture between Vale SA and BHP offered improved conditions to creditors in a new restructuring plan. An assembly to vote on the plan was rescheduled to April 18.
(By Tatiana Bautzer; Editing by Barbara Lewis)
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