“The change will make easier for pension funds to sell their stake in the company in the future. They can now sell their shares little by little in the market.”
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“This is excellent news as it shows there is a lot of demand for the companys debt. They can now borrow more cheaply than the Brazilian government and for less than two percentage points more than the U.S. government; weve never seen this in Brazil.”
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“CVRD is investing in projects such as nickel to diversify its portfolio, as we see a trend where large miners are investing in non-ferrous commodities... as prices are high and stocks are low due to an increase in demand, pushed mostly by China.”
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