Brazil's Vale offers 1.35 bln reais in debentures

viernes 11 de septiembre de 2015 08:58 GYT

RIO DE JANEIRO, Sept 11 (Reuters) - Brazilian miner Vale SA said on Friday it launched a public offering for 1.35 billion reais ($352 million) of debentures.

The money will be used to help fund the expansion of the Carajas railway as part of its S11D project, a huge new mine in the Amazon that is currently the world's largest iron ore project.

($1 = 3.34 reais) (Reporting by Stephen Eisenhammer; Editing by Chizu Nomiyama)