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16 Sep
10:29

Moody’s upgrades CSN credit rating, outlook positive

Moody’s has upgraded the credit rating of Companhia Siderurgica Nacional (CSN) and says it sees the company's operations continuing to perform well in the medium term. CSN’s rating has moved up from Ba2 to investment grade Вa3, with a positive outlook. This is in line with the company’s expectations of strong operating performance throughout the next 12-18 months. The upgrade also reflects CSN’s leverage and liquidity after several meas…
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