CSN Asset Sales Gain Momentum With New CEO, Fueling Bond Rally
Bonds issued by Cia. Siderúrgica Nacional SA are among the best performers in emerging markets following the appointment of its new CEO, as investors bet the company’s ambitious asset-sale program...
By Giovanna Bellotti Azevedo, Rachel Gamarski and Mariana Durao · Bloomberg Markets
Bonds issued by Cia. Siderúrgica Nacional SA are among the best performers in emerging markets following the appointment of its new CEO, as investors bet the company’s ambitious asset-sale program will finally move forward and allow the steelmaker to reduce its heavy debt load.