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Prospect News home > News index > List of issuers C > Headlines for Companhia Siderúrgica Nacional SA (CSN) > News item
Published on 5/21/2004 in the Prospect News Emerging Markets Daily.

Brazil's CSN to launch $150 million eight-year notes

By Reshmi Basu

New York, May 21 - Companhia Siderurgica Nacional SA plans to issue $150 million eight-year notes (-/-/BBB-), according to market sources.

Receivables from the export of steel products will be used to pay debt service on the notes.

Citigroup and BNP Paribas are the joint bookrunners on the Rule 144A (with no regulation rights)/Regulation S offering.

The steel producing company is based in Rio de Janeiro.


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