Monday, 03 August 2026 · World
USD/EUR 0.8685 USD/GBP 0.743 USD/JPY 158.3 USD/CNY 6.769 All rates →
RSS
EUROS The World Financial Report
Nº 23 Monday, 03 August 2026 · World Edition
LATEST
Emerging Markets

CSN Downgraded to Caa1 Ahead of a US$1.3bn Bond Swap

The Rio Times · 1h ago · 🇧🇷 Brazil
CSN Downgraded to Caa1 Ahead of a US$1.3bn Bond Swap

Rio Business · Credit & Ratings, 2 August 2026 Key Facts —The cut — Moody’s lowered CSN to Caa1, a deep-junk tier equivalent to a CCC+ rating, with a negative outlook on 18 May 2026. —The trigger — Moody’s cited weak liquidity and the risk of a distressed exchange, months before any deal was made […] The post CSN Downgraded to Caa1 Ahead of a US$1.3bn Bond Swap appeared first on The Rio Times .

Read the full story at The Rio Times →