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Prospect News home > News index > List of issuers C > Headlines for CSN Islands XII Corp. > News item |
Fitch revises CSN view to stable
Fitch Ratings said it revised the outlook to stable from positive for Companhia Siderurgica Nacional.
“The outlook revision to stable from positive reflects a negative environment for transformational transactions that would materially lower gross debt,” the agency said in a press release.
Fitch affirmed the long-term foreign- and local-currency issuer default ratings at B and national scale ratings at BBB-(bra).
Fitch also affirmed the company's senior unsecured notes of CSN Islands XI Corp., CSN Islands XII Corp., and CSN Resources that are all guaranteed by CSN at B/RR4.
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