Companhia Siderurgica Nacional (SID.N)
4 Sep 2015
RIO DE JANEIRO/SAO PAULO, Sept 3 - Brazilian steelmaker Cia Siderurgica Nacional said on Thursday it extended repayment of 2.57 billion reais ($687 million) of loans as it rushes to ease looming debt payments amid a decline in steel prices and demand and a weakening of Brazil's currency.
RIO DE JANEIRO/SAO PAULO, Sept 3 - Brazil's Cia Siderurgica Nacional is in talks to refinance debt due in 2016 and 2017 with state-run Banco do Brasil and a deal could be announced as early as next week, a source said on Thursday.
RIO DE JANEIRO, Sept 3 - Brazilian steelmaker Cia Siderurgica Nacional said on Thursday that it has extended the amount of time it has to repay 2.57 billion reais ($687 million) of debt with Brazil's state-owned Caixa Economic Federal.
SAO PAULO, Aug 19 - Cia Siderúrgica Nacional SA , the debt-laden Brazilian steelmaker, is likely to decide between global advisory firms Rothschild and Lazard Ltd to coordinate the sale of some non-essential assets, a source with knowledge of the situation said on Wednesday.
Aug 13 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
SAO PAULO, Aug 13 - Steel producer CSN is selling assets in an effort to reduce its heavy debt burden, executives said on Thursday, shortly after Brazil's No. 2 maker of flat steel posted a quarterly loss that dragged shares to their lowest level in over a decade.
SAO PAULO, Aug 13 - Brazil's CSN on Thursday reported that it swung to a net loss of 614.6 million reais ($176.6 million) in the second quarter as lower demand for iron ore weighed on revenue.
RIO DE JANEIRO, July 13 - Brazilian steelmaker CSN said on Monday it is exploring various options to reduce its debt level, including asset sales, but is not involved in talks over which it would be legally obliged to inform the market.
RIO DE JANEIRO, May 6 - Brazil's CSN reported a first-quarter net profit of 392 million reais ($128.5 million) on Wednesday, defying analyst expectations of a loss, as the steelmaker successfully cut costs and increased revenue.
RIO DE JANEIRO, May 6 - Brazilian steelmaker CSN reported on Wednesday a first quarter net profit of 392 million reais ($128.5 million), beating analyst expectations.