BHP News: Samarco, creditors to discuss restructuring proposals on June 21 - 14th Jun 2022, 10:35pm

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SAO PAULO, June 14 (Reuters) - The judge overseeing Brazilian miner Samarco Mineracao's bankruptcy has scheduled a mediation hearing between the company, shareholders Vale SA and BHP Group and creditors to hammer out a restructuring agreement.

Creditors rejected the company's last proposal on April 18 and filed an alternative plan a month later, in which a debt-for-equity swap would turn them into Samarco's controlling shareholders.

Unions representing employees presented another plan on May 1...

>>> Read more: Samarco, creditors to discuss restructuring proposals on June 21
 
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