Credit Rating Report

Vale S.A.: Rating Report

Natural Resources

Summary

On June 26, 2024, DBRS Limited (Morningstar DBRS) confirmed the Issuer Rating and Senior Unsecured Debt rating of Vale S.A. at BBB (low). Morningstar DBRS also confirmed the Senior Unsecured Debt rating of Vale Overseas Limited and All Series of Debentures & Notes for Vale Canada Limited at BBB (low). All trends are Stable.

Ratings

Vale Canada Limited
  • Date Issued:Jun 26, 2024
  • Rating Action:Confirmed
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
Vale Overseas Limited
  • Date Issued:Jun 26, 2024
  • Rating Action:Confirmed
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
Vale S.A.
  • Date Issued:Jun 26, 2024
  • Rating Action:Confirmed
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Jun 26, 2024
  • Rating Action:Confirmed
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

Enjoying our exclusive insights?

Register for a free account to get unrestricted access to our in-depth research, presale and ratings reports, and more. Access is limited for unregistered users.

Issuers

Contacts

More from Morningstar DBRS