br.ibtimes.com/art/services/?url=http://www.businessweek.com/news/2010-09-09/vale-passes-banco-bradesco-to-become-top-issuer-brazil-credit.html

Vale, whose BBB+ rating from Standard & Poor’s is the third-lowest investment grade, increased the size of its bond sale by 17 percent, said people familiar with the transaction. The company sold $1 billion of 10-year bonds to yield 210 basis points above Treasuries and issued $750 million more of its 6.875 percent notes due in 2039 at a spread of 235.

Total issuance for Vale this year topped the $2.1 billion raised by Osasco-based Banco Bradesco, Brazil’s second-largest bank by market value.