We use cookies to improve your experience. By using BondbloX, you agree to our use of cookies.
Bond Market News
CSN Receives Non-Binding Offers for Cement Division, as per Sources
May 13, 2026
Brazil’s Companhia Siderúrgica Nacional (CSN) has received non-binding offers for its cement division, as per sources. With an estimated valuation of over BRL 10bn (~$2bn), the divestment of the cement asset is part of a broader strategy by CSN to reduce debt. The names of the bidders were not known. However, as per a report in April, sources noted that the asset received interest from both local and international players, like Votorantim, J&F, Anhui Conch Cement, Sinoma and Huaxin Cement. The transaction could be completed by year-end subject to regulatory approvals.
CSN’s dollar bonds were trading weaker with its 5.875% 2032s down by 0.5 points to 66.2 cents on the dollar, yielding 14.6%.
For more details, click here
Go back to Latest bond Market News
Related Posts:
Our Awards
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.