Brazil's BHP-Vale Mine, Crippled by Major Dam Spill, Said to Be in Restructure Talks

摘要

BHP Billiton Ltd. and Vale SA's Brazilian mining joint venture is exploring ways to restructure about $1.6 billion in loans months after a deadly accident halted output and crimped cash flow, people with knowledge of the matter said. Iron-ore miner Samarco hired JPMorgan Chase & Co. as it discusses restructuring debt with banks, three of the people said, asking not to be identified because the early-stage talks are private. BHP hired Rothschild & Co., Vale is getting advice from Moelis & Co., while the banks are working with FTI Consulting Inc., the people said.