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LATEST

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Emerging Markets

CSN Bond Exchange Pushes Out US$1.3bn Debt as H1 Loss Widens

The Rio Times · 1h ago · 🇧🇷 Brazil

CSN Bond Exchange Pushes Out US$1.3bn Debt as H1 Loss Widens

Brazilian steel and mining group Companhia Siderurgica Nacional (CSN) has launched a bond exchange offer worth up to US$1.3 billion, offering a steep 11% coupon to push out debt maturities, while simultaneously warning that its first-half net loss will widen significantly. The post CSN Bond Exchange Pushes Out US$1.3bn Debt as H1 Loss Widens appeared first on The Rio Times .

Read the full story at The Rio Times →

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