Government Could Raise R$ 1.57 Trillion With Sale of Vale Debentures

Written by Paulo Nogueira

Published on 05/06/2019 at 01:00

Updated on 05/06/2019 at 07:40

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The Decree Published in the Official Gazette of the Union This Tuesday, June 4, Included More Than 141.7 Million Debentures from Vale in the National Privatization Program

The government will sell Vale’s private credit securities under the National Privatization Program, with the debentures valued at R$ 2.5 billion. The decree was published this Tuesday, June 4, in the Official Gazette of the Union. The suggestion to sell the papers was approved by the Board of the Partnerships and Investments Program (PPI) last month and needed to be confirmed by the President of the Republic, Jair Bolsonaro.

In May of this year, the PPI also decided to include 59 new projects in the list of ventures to be granted to the private sector in the coming years.
Authorization for the concession of highways, railways, ports, waterways, airports, transmission lines, oil and gas reserves was granted.
The inclusion of minority shareholding held by the Union in the capital stock of IRB-Brasil Resseguros was also submitted for approval by our president, Jair Bolsonaro.

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Petrobras Divestment Program

Petrobras’ onshore fields in Bahia are on borrowed time. 22 onshore fields have just entered the list of the company’s divestment program assets.
Petrobras’ intention is to divest from all its holdings in the Recôncavo and Rio Ventura fields.

The announcement was made on the afternoon of this Monday, June 3, and the divestment also involves shared infrastructure for production flow and treatment in the fields.

Aligned with the line of thinking of the new president of Petrobras, Roberto Castello Branco, who stated that Petrobras will prioritize its main business, which is Exploration and Production (E&P).

Odebrecht Fails in Attempt to Sell Braskem and Can’t Raise Cash!

Government Could Raise R$ 1.57 Trillion With Sale of Vale Debentures

The Decree Published in the Official Gazette of the Union This Tuesday, June 4, Included More Than 141.7 Million Debentures from Vale in the National Privatization Program

Petrobras Divestment Program

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

Pernambuco bought a R$ 64.3 million plane to strengthen air medical services, but the aircraft became the subject of controversy after the medical kit was removed to transport the governor on official agendas, according to a report.

Hairdresser opens a simple salon at her doorstep in Sete Lagoas, cuts the ribbon with her daughter, and draws attention on social media; emotional video goes viral, attracts over 22,000 followers, and turns a humble beginning into an inspiration for thousands of people.

China builds a bridge over a river in just 24 hours using two 650-ton Zoomlion cranes, 9 beams of 125 tons, and a convoy of over 100 km with trailers, counterweights, and heavy trucks in synchronized operation during the early hours.

Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.

It looks just like a metallic card, but this titanium gadget hides more than 70 tools for routine, fishing, technology, and emergencies.

Government Could Raise R$ 1.57 Trillion With Sale of Vale Debentures

The Decree Published in the Official Gazette of the Union This Tuesday, June 4, Included More Than 141.7 Million Debentures from Vale in the National Privatization Program

Petrobras Divestment Program

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

Researchers present a hydrogen ion battery capable of storing energy in two different forms, an innovative solution that promises to increase the autonomy of renewable systems and simplify energy transport.

Researchers present a hydrogen ion battery capable of storing energy in two different forms, an innovative solution that promises to increase the autonomy of renewable systems and simplify energy transport.

Researchers present a hydrogen ion battery capable of storing energy in two different forms, an innovative solution that promises to increase the autonomy of renewable systems and simplify energy transport.

Government announces R$ 370 million for those who preserve the forest and an unprecedented initiative places traditional Amazonian communities at the center of conserving a vast area.

A family from Martins, in the interior of RN, planted seeds in their backyard that no one remembered where they came from and harvested a green and yellow fruit resembling the Brazilian flag; the nickname “World Cup pumpkin” caught on before they discovered what had actually grown there.

Pernambuco bought a R$ 64.3 million plane to strengthen air medical services, but the aircraft became the subject of controversy after the medical kit was removed to transport the governor on official agendas, according to a report.

Hairdresser opens a simple salon at her doorstep in Sete Lagoas, cuts the ribbon with her daughter, and draws attention on social media; emotional video goes viral, attracts over 22,000 followers, and turns a humble beginning into an inspiration for thousands of people.

China builds a bridge over a river in just 24 hours using two 650-ton Zoomlion cranes, 9 beams of 125 tons, and a convoy of over 100 km with trailers, counterweights, and heavy trucks in synchronized operation during the early hours.

Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.

It looks just like a metallic card, but this titanium gadget hides more than 70 tools for routine, fishing, technology, and emergencies.