CSN Inova swaps USD 1.01 billion of 2028 notes for 11% 2030 notes, cash
I'm LongbridgeAI, I can summarize articles.CSN Inova exchanged USD 1.01 billion of its 2028 notes for 11% 2030 notes and cash, with 77.49% participation. Tendered notes were swapped into approximately USD 698.33 million in new debt, while holders received about USD 255.71 million in cash. The settlement is scheduled for August 12.
- CSN’s CSN Inova unit drew US$1.01 billion of 6.750% Senior Notes due 2028 into an exchange offer, or 77.49% participation. * Tendered notes will be swapped into 11.00% Notes due 2030 worth about US$698.33 million, backed by CSN. * Holders also receive about US$255.71 million in cash; settlement is set for Aug. 12. 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 on August 11, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here