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Emerging Markets

CSN Completes a US$1 Billion Debt Swap as Its Cement Sale Heats Up

The Rio Times · 1h ago · 🇧🇷 Brazil

CSN Completes a US$1 Billion Debt Swap as Its Cement Sale Heats Up

Brazil · Corporate Key Facts Debt swap CSN Inova Ventures exchanged US$1.007 billion of 6.75% notes due 2028 for new 2030 notes with an 11.0% coupon plus cash. High turnout 77.49% of noteholders participated, clearing the 70% minimum; settlement occurred on 12 August 2026. Cash mix For each US$1,000 of old notes, holders got US$253.85 […] The post CSN Completes a US$1 Billion Debt Swap as Its Cement Sale Heats Up appeared first on The Rio Times .

Read the full story at The Rio Times →

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