Bond Aço Nacional Siderúrgica 5.875% ( USL21779AK60 ) in USD

Issuer	Aço Nacional Siderúrgica
Market price	78.35 % ▼
Country	Brazil
ISIN code	USL21779AK60 ( in USD )
Interest rate	5.875% per year ( payment 2 times a year)
Maturity	08/04/2032
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	200 000 USD
Total amount	500 000 000 USD
Cusip	L21779AK6
Standard & Poor's ( S&P ) rating	N/A
Moody's rating	Ba2 ( Non-investment grade speculative )
Next Coupon	08/04/2026 ( In 60 days )
Detailed description	Companhia Siderúrgica Nacional (CSN) is a Brazilian steel company engaged in the mining, production, and distribution of iron ore, steel, and other related products. This financial article provides a comprehensive overview of a specific bond issuance identified by ISIN USL21779AK60 and CUSIP L21779AK6, an obligation issued by Cia Siderurgica Nacional (CSN), a prominent Brazilian multinational company and a major player in the global steel industry with diversified operations spanning mining, logistics, cement, energy, and steel production. Issued from Brazil and denominated in USD, this bond is currently trading on the market at 76.116% of its par value, carrying an annual interest rate of 5.875% with payments distributed semi-annually, reflecting a payment frequency of 2. The total size of this particular issue amounts to $500,000,000, with a minimum purchase requirement set at $200,000, catering to institutional and qualified investors. The bond has a maturity date of April 8, 2032, offering a long-term investment horizon, and from a credit quality perspective, Moody's Investors Service has assigned a Ba2 rating, indicating its speculative grade status.