Companhia Vale do Rio Doce in Equity Offering

Cleary Gottlieb advised Companhia Vale do Rio Doce in its recent $11.45 billion equity offering, the largest equity offering ever made by a Brazilian company. In connection with this offering, Vale’s common ADSs and preferred ADSs were admitted to listing and trading on Euronext Paris.

Vale is the world’s second-largest metals and mining company and the largest in the Americas, measured by market capitalization. Vale is actively engaged in mineral exploration efforts in 21 countries around the globe.