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Companhia Siderurgica Nacional - SID STOCK NEWS

Welcome to our dedicated news page for Companhia Siderurgica Nacional (Ticker: SID), a resource for investors and traders seeking the latest updates and insights on Companhia Siderurgica Nacional.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Companhia Siderurgica Nacional's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Companhia Siderurgica Nacional's position in the market.

Rhea-AI Summary
Companhia Siderúrgica Nacional (CSN) (NYSE: SID) announced the completion of the cash tender offer for its outstanding 7.625% Senior Unsecured Guaranteed Notes due 2026. Valid tenders were received for US$117,021,000, and CSN Resources expects to accept and make payment for all validly tendered Notes at or prior to the Expiration Time on December 8, 2023. Holders of Notes who validly tendered their Notes are eligible to receive US$1,010 per US$1,000 principal amount of Notes, plus accrued and unpaid interest.
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0.58%
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Rhea-AI Summary
Companhia Siderúrgica Nacional (CSN) (NYSE: SID) has announced a cash tender offer for its outstanding 7.625% Senior Unsecured Guaranteed Notes due 2026. The Tender Offer is scheduled to expire on December 5, 2023, with the purchase price set at US$1,010.00 per US$1,000 principal amount of Notes, plus Accrued Interest. The settlement is expected to occur on the third business day following the Expiration Time. CSN Resources has engaged dealer managers for the Tender Offer.
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-7.17%
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-1.98%
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Companhia Siderurgica Nacional

NYSE:SID

SID Rankings

SID Stock Data

3.75B
600.87M
2.96%
0.24%
Iron and Steel Mills and Ferroalloy Manufacturing
Manufacturing
Link
Brazil
Sao Paulo

About SID

Companhia Siderúrgica Nacional lit. is the largest fully integrated steel producer in Brazil and one of the largest in Latin America in terms of crude steel production. Its main plant is located in the city of Volta Redonda, in the state of Rio de Janeiro.