UPDATE 1-Brazil's Samarco, owners hire banks for debt talks -source

SAO PAULO, June 20 (Reuters) - Brazilian mining company

Samarco Mineração SA and owners Vale SA and BHP

Billiton Plc have hired banks to sound out creditors on

a potential renegotiation of $3.8 billion in debt, after a

deadly dam spill led to the shutdown of a key mine, a source

with direct knowledge of the plan said on Monday.

Read more