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CSN Inova Ventures launches exchange offer for CSN-guaranteed 6.75% notes due 2028 into 11% 2030 notes

PUBT·07/31/2026 01:36:58
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CSN Inova Ventures launches exchange offer for CSN-guaranteed 6.75% notes due 2028 into 11% 2030 notes
  • CSN Inova Ventures, a wholly owned CSN unit, launched a private exchange offer for any and all outstanding 6.75% Senior Notes due 2028.
  • Offer terms: per USD 1,000 tendered, USD 746.15 of 11% Senior Notes due 2030, cash USD 253.85.
  • New Notes coupon steps down to 10.5% if principal is cut by at least USD 200 million before Feb. 12, 2028.
  • Minimum participation set at USD 910 million of 2028 Notes; expiration set for Aug. 10, 2026, settlement expected Aug. 12.
  • CSN guarantees the 2028 Notes; issuer can redeem the New Notes at 100% of principal plus accrued interest.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CSN - Companhia Siderúrgica Nacional published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607302136PRIMZONEFULLFEED9801483) on July 31, 2026, and is solely responsible for the information contained therein.