CSN issues BRL 1.4bn in debentures for new terminal in Itaguaí

CSN Mineração has submitted a request to the Securities and Exchange Commission of Brazil (CVM – Brazil) to offer BRL 1.4 billion in debentures, informed the company on the night of June 07.

The company will use the funds for “investment, future payment or reimbursement of expenses or debts” related to the acquisition of a solid bulk port terminal at the Port of Itaguaí (RJ), according to memos of the board meeting.

The fund’s emission will occur in up to two series, one maturing in ten years and the other in 15 years.

Source: Terra

To read the full original article, please go to:

https://www.terra.com.br/economia/csn-mineracao-anuncia-emissao-de-r14-bi-em-debentures-para-projeto-em-porto-de-itaguai,47efce77eab486555cbf38cb04f119ada4uc5dit.html

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