by Amruth Sundarkumar | Sep 13, 2021 | High Yield Bonds
Brazil’s largest integrated steel producer Companhia Siderúrgica Nacional (CSN) will be taking over Holcim’s Brazilian business for an enterprise value of $1.025bn. The world’s largest cement maker, Holcim has been making an effort to diversify away...
by Amruth Sundarkumar | Jun 30, 2021 | Corporates, Credit Ratings
Brazilian Companhia Siderúrgica Nacional (CSN) has been upgraded two-notches to BB from B+ by S&P based on sizable deleveraging. The rating agency has also upgraded its issue-level rating on CSN Islands XII Corp.’s senior unsecured notes to BB from B+. The...
