CSN targets a billion in bonds

CSN targets a billion in bonds

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Brazil

Brazil's CSN is expected to price up to $1bn in bonds on Wednesday, after meeting investors in Europe and the United States, LatinFinance has heard. The steelmaker met bond buyers in London and Boston on Monday, before heading to meetings in New York on Tuesday, said a debt capital markets banker on the deal. The exact size of the bond sale is still under discussion, but it could reach $1bn with a maturity of five to 10 years, depending on investor demand, the banker said. The transaction is 

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