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Fitch Affirms Vale S.A. at 'BBB'; Outlook Stable | Hellenic Shipping News Worldwide - Vimarsana News

Fitch Affirms Vale S.A. at 'BBB'; Outlook Stable | Hellenic Shipping News Worldwide

Fitch Ratings has affirmed the foreign- and local-currency Issuer Default Ratings (IDRs) of Vale S.A. at ‘BBB’. Fitch has also affirmed the senior unsecured debt ratings of Vale Overseas Limited and Vale Canada Limited at ‘BBB’ and affirmed the national scale rating of Vale at ‘AAA(bra)’. The Rating Outlook for all ratings remains Stable. The ...