Bondholders delight as CSN takes out chunk of debt

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Bondholders delight as CSN takes out chunk of debt

Oliver West
April 11, 2019 11:15 pm
CSN, Rio de Janeiro, Brazil, steel, LatAm
C54G6K Metallurgy of iron and steel at CSN - Companhia Siderurgica Nacinal, Volta Redonda, Rio de Janeiro State, Brazil.. Image shot 2011. Exact date unknown. | BrazilPhotos / Alamy Stock Photo/Alamy Stock Photo

Investors in steel producer Companhia Siderúrgica Nacional appear to care far more about the company’s ability to push out $1bn of imminent debt maturities than pricing intricacies. The Brazilian issuer had a far better time in primary markets on Wednesday than on its last outing.

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Oliver West
US Bureau Chief - Latin America Editor
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